HSBC stock today: Shares hover near a 52-week high as mortgage rate cuts land — what’s next
HSBC shares rose in early London trading after the bank cut rates on a broad range of UK mortgage products effective Monday. The stock gained 4.8 pence to 1,197 pence. Traders are watching UK economic data and the Bank of England’s Feb. 5 rate decision ahead of HSBC’s annual results on Feb. 25.