HSBC Navigates Choppy Waters: Booming 2023 amidst emerging challenges
Mon, Feb 19, 2024 12:08 PM

HSBC Navigates Choppy Waters: Booming 2023 amidst emerging challenges

A Flip by Shubhangi Gupta
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HSBC Holdings had a successful year in 2022, with CEO N. Quinn expressing optimism for the company's future. However, he also warned of potential challenges ahead, including tough market conditions in China and Hong Kong and US-China tensions. Analysts predict strong earnings and potential share buybacks for HSBC in 2023, but the sale of their Canadian business could impact the company's profits.

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