HSBC contributes to about one-fifth of the decline in the Hang Seng Index at the stock hits an 11-year low in Hong Kong. Photo: Bloomberg HSBC contributes to about one-fifth of the decline in the Hang Seng Index at the stock hits an 11-year low in Hong Kong. Photo: Bloomberg
HSBC contributes to about one-fifth of the decline in the Hang Seng Index at the stock hits an 11-year low in Hong Kong. Photo: Bloomberg

HSBC sinks to lowest level since April 2009 on concerns about Beijing punishment, investigative report

  • HSBC could be penalised for its role in assisting the US probe on Huawei, according to a report by state-owned media Global Times
  • An investigative report also ties HSBC and other lenders to their role in moving cash for people and groups potentially involved in financial crimes

Topic |   HSBC: Latest news and updates
HSBC contributes to about one-fifth of the decline in the Hang Seng Index at the stock hits an 11-year low in Hong Kong. Photo: Bloomberg HSBC contributes to about one-fifth of the decline in the Hang Seng Index at the stock hits an 11-year low in Hong Kong. Photo: Bloomberg
HSBC contributes to about one-fifth of the decline in the Hang Seng Index at the stock hits an 11-year low in Hong Kong. Photo: Bloomberg
READ FULL ARTICLE