HSBC, StanChart Shares Slide as New Rules Could Restrict Chinese Funds in Hong Kong Accounts

Shares in London-listed financial groups with a large presence in Asia fell on fears that new rules would curtail mainland Chinese investors’ use of Hong Kong bank accounts.

HSBC, StanChart Shares Slide as New Rules Could Restrict Chinese Funds in Hong Kong Accounts
Shares in London-listed financial groups with a large presence in Asia fell on fears that new rules would curtail mainland Chinese investors’ use of Hong Kong bank accounts.