HSBC Holdings plc (HBCYF)

Other OTC - Other OTC Delayed price. Currency in USD

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8.24

+0.18

(+2.17%)

At close: 03:58PM EDT

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HSBC says growing Chinese wealth fuels client investments in US
HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas. China's economic growth remains strong relative to other nations, and its wealthy citizens are focused on overseas investments, Roberts told Reuters in an interview. “Chinese investors are becoming very sophisticated," he said.