HSBC’s shares dive to lowest level since 1995 in HK

HSBC’s shares dive to lowest level since 1995 in HK

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HSBC’s share price in Hong Kong has fallen to its lowest level since 1995 amid allegations of money laundering.

HSBC allowed fraudsters to transfer millions of dollars around the world even after it had learned of their scam, leaked secret files show.

The UK-based bank faces multiple pressures including political tension in Hong Kong and the pandemic fallout.

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