The group missed expectations by a wide margin. However, this was largely attributable to adverse market conditions, not to troubles in Asia, as evidenced by management’s comments on the lack of a radical move need and the reiteration of its mid-term objectives.
19 Feb 2019
Beware of hasty conclusions
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Beware of hasty conclusions
HSBC Holdings Plc (HSBA:LON) | 646 10.3 0.2% | Mkt Cap: 122,087m
- Published:
19 Feb 2019 -
Author:
David Grinsztajn -
Pages:
2
The group missed expectations by a wide margin. However, this was largely attributable to adverse market conditions, not to troubles in Asia, as evidenced by management’s comments on the lack of a radical move need and the reiteration of its mid-term objectives.