HSBC share price in focus as top executive talks up a £300bn valuation
HSBC shares closed at 1,238.8 pence Monday, just shy of a 52-week high, after a senior executive said a £300 billion market value is “within reach.” Investors are focused on the Jan. 23 Hong Kong court hearing for HSBC’s $13.6 billion Hang Seng Bank buyout and the bank’s annual results due Feb. 25.