HSBC, StanChart shares climb after backing security law - News Summed Up

HSBC, StanChart shares climb after backing security law


HSBC's Peter Wong signing a petition backing the HK national security law. HSBC moved its headquarters to London in 1993, but Hong Kong is still its biggest market. StanChart later said it believed the law can “help maintain the long term economic and social stability of Hong Kong”. "The Jardines Group has roots in Hong Kong and will continue to invest. Its promise to Hong Kong has never changed.


Source: The Standard June 04, 2020 05:48 UTC



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