MaxMarioni
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MaxMarioni's Insights

On the topic of Asia

Posted by MaxMarioni on 14 March 2016, 7:41 AM

Not Going Home: HSBC and its Pivot to Asia

Other Insights on Related Shares: HMUS.L, HSBA.L

Investors were expecting more, in the week after the Hong Kong and Shanghai Banking Corporation – HSBC - made its final decision known regarding whether to stay in the UK or return to Hong Kong, the city where it was based until 1990. The announcement that it would continue to have its legal headquarters in the UK, with the regulatory and fiscal repercussions this would entail, was saluted by the markets, which didn't make them less inclined to forgive what have been widely interpreted to be disappointing earnings. (Read more)

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