HSBC Share Price Could Spike by About 40% – Goldman Sachs

The HSBC share price has done well in the past few weeks as worries over Evergrande have receded and the economic recovery has continued. The stock is trading at 439.60 in London, which is about 33% above the lowest level at the height of the Evergrande crisis. It remains about 5% below the highest level this year. Banking risks ease The HSBC stock price crashed hard in September as investors worried about its exposure in China’s property market. At the…

InvestingCube's S&R Levels

FTSE100

FTSE100 (7031)

Not in Sell Zone

STOP

SELL

TP1

6901

TP2

6850

Unlock this article and many more with the membership.
Try Now