HSBC stock in focus before London open after UAE wealth push; U.S. inflation next
HSBC closed Tuesday in London up 0.86% at 1,212.8 pence after launching an onshore asset management business and 10 funds in the UAE. The bank also moved to take Hang Seng Bank private, with delisting in Hong Kong set for Jan. 27 pending court approval. Investors await HSBC’s annual results on Feb. 25 and key U.S. inflation data.