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Nikkei Markets

HSBC, Hang Seng signal bigger challenges as trade war drags on

Revenue outlook is a "bit weaker" for this year, HSBC CEO says

"We won't change our long-term investment strategy, but of course we will check market conditions before making any final decisions," Hang Seng Bank Vice Chairman Louisa Cheang said.   © Reuters

HONG KONG (Nikkei Markets) -- Hong Kong banking heavyweights HSBC Holdings and its subsidiary Hang Seng Bank have signaled that they are prepared to slow the pace of planned investments if they are faced with more operating challenges.

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