HSBC Looks Undervalued As Asian Economy Gets Back On Track
- Tuesday, September 1, 2020, 7:10
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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..