Investing in precious metals 101

Trading in HSBC shares suspended in Hong Kong

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  • Mon, Mar 02, 2009 - 02:14am

    #1
    castlewp

    castlewp

    Status Silver Member (Offline)

    Joined: Oct 07 2008

    Posts: 136

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    Trading in HSBC shares suspended in Hong Kong

I don’t have a good feeling.
HONG KONG (MarketWatch) — Trading in shares of HSBC Holdings was suspended in Hong Kong on Monday at the banking giant’s request, pending "the announcement of a corporate action," as the company was expected to reveal a pullback from its U.S. consumer lending business.
  • Mon, Mar 02, 2009 - 04:36pm

    #2
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1613

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    Re: Trading in HSBC shares suspended in Hong Kong

they laid off 6100 people or something, not sure if the trading suspension is that big a deal or more just one of those stop valves the market has.

 

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