Thread regarding HSBC layoffs

Shares soar high

The share prices of HSBC have never been this high, thanks to Hong Kong traders. Not sure how this will translate to future layoffs (it can cut both ways,) but it certainly bodes well for the company itself.

https://www.bloomberg.com/news/articles/2017-07-11/hsbc-s-soaring-shares-have-hong-kong-traders-pining-for-more

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Not sure either. I just hope they don't start cutting costs just to keep stockholders happy.

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