HSBC Stock Reaches New 10-Year High, Driven by Strong Momentum

Reported 3 days ago

HSBC has hit a new 10-year high, trading at $72.21, with a nearly 57% increase in share price over the past year. It offers a 2.8% dividend yield and demonstrates robust technical performance, supported by strong fundamentals. Analyst sentiment is varied, with ratings ranging from 'Strong Buy' to 'Hold', reflecting confidence in its growth, especially in the wealth management sector in Asia.

Source: YAHOO

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