HSBC share price edges up as Hong Kong outage hits services and IPO push draws focus
HSBC shares rose 0.2% to 1,272.3p in early London trading Friday, near a 52-week high. The bank suffered a mobile app outage in Hong Kong, with services gradually restored by 3 p.m., according to local media. HSBC is pushing to expand its Hong Kong IPO business after lagging rivals last year. Annual results are due Feb. 25.