News Snapshot:
Trading at over 600p two years ago, the HSBC (LSE: HSBA) share price is currently around 410p. Already falling pre-pandemic, 2020 saw a 35% plunge for the stock. Yet after posting solid half-year results, and up 8% year-to-date, will we continue to see a rise? Let’s take a look. Bull case After struggling through the pandemic, the latest set of results released by HSBC provided some form of optimism. For half-year 2021, compared to the same period in 2020, pre-tax profit increased by $6.5bn to $10.8bn. The bank was also keen to highlight how all regions were profitable in the...
