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HSBC shares indicated to open up 3.4% after HQ decision

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Shares in HSBC Holdings plc are indicated to open up 3.4 per cent on Monday after the board unanimously decided to keep its headquarters in Britain.

[HONG KONG] Shares in HSBC Holdings plc are indicated to open up 3.4 per cent on Monday after the board unanimously decided to keep its headquarters in Britain.

HSBC's Hong Kong shares were indicated to open at HK$49.75 (S$8.94) while the benchmark Hang Seng Index was indicated to start 1.9 per cent up.

REUTERS