HSBC shares slide below HK$40
09-03-2009
HSBC shares have tumbled 10 percent this morning, slipping below HK$40 for the first time since 1996. Traders say worries over the health of the global banking system pushed financial shares lower. Manulife Financial and Hang Seng Bank also dropped sharply. The Hang Seng Index was down nearly 2 percent.
