HSBC Shares Up 17% Since Canada Divestiture, Focus Shifts Toward Asia (Revised)

Shares of HSBC Holdings HSBC have gained more than 17% since it divested its Canadian unit to Royal Bank of Canada RY for C$13.5 billion on March 29, 2024. In the same time frame, the industry has rallied nearly 10%. https://www.nasdaq.com/articles/hsbc-shares-17-canada-divestiture-focus-shifts-toward-asia-revised