HSBC’s shares have climbed 49 per cent in the last two months. Photo: Felix Wong
HSBC shares surge by half in two months as hopes of Covid-19 vaccine rekindle investors’ appetite for old-economy stocks
- HSBC Holdings has rebounded 49 per cent from a September low, as investors around the world rotate into old-economy stocks
- Asset managers like BlackRock have positioned themselves for a ‘cyclical rebound’ as risk of profit-taking in health care and tech stocks rises
HSBC’s shares have climbed 49 per cent in the last two months. Photo: Felix Wong
