HSBC share price in spotlight after $300 billion milestone — what matters before London open
HSBC shares surged to a 52-week high of £12.77, lifting its market cap above $300 billion and nearly matching AstraZeneca atop the FTSE 100. London’s bank index hit its highest level since May 2008. Investors await Wednesday’s Federal Reserve decision and the Bank of England’s Feb. 5 policy announcement. HSBC reports annual results on Feb. 25.