Forbes

HSBC Looks Undervalued As Asian Economy Gets Back On Track

HSBC Looks Undervalued As Asian Economy Gets Back On Track

HSBC stock lost nearly 40% – dropping from $40 at the end of 2019 to around $24 in early April – before further declining to around $22 now. This implies the stock is around 45% lower than at the start of the year. There are a couple of reasons for this: The Covid-19 outbreak and economic slowdown..

Source: Forbes – Markets
Date: September 1, 2020, 22:01