HSBC If you had invested $100 in HSBC stock at the end of 1998 and realized that investment at the end of last year, your total return would have been $211. The total shareholder return for a similar investment in a group of HSBC’s peers would have been just $126. The HSBC group might be renowned for conservative capitalization, for being better at containing costs than growing revenues and for a refusal to overpay for entry into certain glamorous business segments, but shareholders have reaped the benefits.
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