HSBC, the share price fell to the position 25 years ago
HSBC's share price has plummeted in the Asian stock market. HSBC Bank allowed the transfer of tens of millions of dollars around the world after learning of the fraud after HSBC's share price fell to a 25-year high in the Hong Kong stock market on Monday.
Shares of the company fell 4 percent to below 30 30 on Monday. In addition to the fraud, the UK-based bank is facing political tensions in Hong Kong and the Corona epidemic. The share price has dropped by half this year. The company is also listed on the London Stock Exchange. Although HSBC is headquartered in London, more than half of its profits come from Hong Kong's Asian financial center.
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HSBC's share price has plummeted in the Asian stock market. HSBC Bank allowed the transfer of tens of millions of dollars around the world after learning of the fraud after HSBC's share price fell to a 25-year high in the Hong Kong stock market on Monday.
Shares of the company fell 4 percent to below 30 30 on Monday. In addition to the fraud, the UK-based bank is facing political tensions in Hong Kong and the Corona epidemic. The share price has dropped by half this year. The company is also listed on the London Stock Exchange. Although HSBC is headquartered in London, more than half of its profits come from Hong Kong's Asian financial center.
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