HSBC Shares Tumble in Hong Kong on Risky Bond Exposure Concerns

HSBC Shares Tumble in Hong Kong on Risky Bond Exposure Concerns

Business
March 20, 2023 by secret
111
[ad_1] (Bloomberg) — HSBC Holdings Plc led declines among financial stocks listed in Hong Kong as worries over risky bond exposures related to Credit Suisse Group AG spurred further risk-off sentiment. Most Read from Bloomberg Shares of the British bank fell as much as 6.6%, the biggest drop in nearly six months, with the firm’s