Tag
HSBC
Stories tagged HSBC.
LVMH, Burberry Downgraded to Hold as Luxury Stocks Brace for a Tough 2026 Second Half
LVMH and Burberry Group shares extended declines on Wednesday after a broker cut both to hold, citing a soft luxury backdrop and limited upside for the UK brand. A Goldman Sachs basket of luxury stocks is down 13% year-to-date.
HSBC moves Causeway Bay flagship to Capitol Centre as Hong Kong retail rents soften
HSBC will open a new flagship branch at Capitol Centre in Causeway Bay, reflecting a broader trend of banks and fashion retailers taking advantage of lower prime-area rents in Hong Kong.