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HSBC Backs Its Asia Ambitions, Despite Investor Rumblings

While several of a rivals shelter from Asia, HSBC Holdings PLC has spent a past year pier on a large China bet. Now, some investors are wondering if a plan will compensate off.

In a singular interview, HSBC Chairman Douglas Flint pronounced he is “confused” by a critique of HSBC’s Asia expansion strategy. “I find it formidable to see since people would doubt a strategy, since over a middle and longer tenure this is a outrageous opportunity, and…

Article source: http://www.wsj.com/articles/hsbc-backs-its-asia-ambitions-despite-investor-rumblings-1465731370

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