Trading in HSBC shares suspended in Hong Kong

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castlewp's picture
castlewp
Status: Gold Member (Offline)
Joined: Oct 7 2008
Posts: 304
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.
paranoid's picture
paranoid
Status: Silver Member (Offline)
Joined: Feb 27 2009
Posts: 140
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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