HSBC Stock Slips Despite $4 Billion China Clean-Tech Push as Credit Worries Stick
HSBC shares slipped 0.1% to 1,322.6 pence in early London trading after the bank launched a $4 billion credit facility for Chinese clean-tech firms. The move comes as investors weigh a recent $400 million loss tied to private-credit loans and ongoing scrutiny of the sector. The FTSE 100 was little changed.
