HSBC shares rise in Hong Kong despite 'record fine' | Bangkok Post: news

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HSBC shares rise in Hong Kong despite 'record fine'

Shares in HSBC rose Tuesday despite a report the bank would pay a record $1.9 billion fine to settle money laundering charges, while Standard Chartered also climbed after paying a massive fine.

File photo shows people using ATM machines at the HSBC headquarters in Hong Kong. Shares in HSBC rose Tuesday despite a report the bank would pay a record $1.9 billion fine to settle money laundering charges, while Standard Chartered also climbed after paying a massive fine.

Hong Kong-listed HSBC climbed 0.38 percent to HK$79.75 in early trade.

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