Analysis, Risk Management

Is HSBC’s stake in Bank of Communications overvalued by as much as $12bn?

By Nicholas Dunbar
HSBC

When banking giant HSBC wrote down its stake in China’s Bank of Communications by $3bn last month, it triggered the fastest fall in its share price since the dark days of the pandemic in 2020. So what would shareholders think if they knew that HSBC’s reported stake was valued $12bn ...

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