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Volatility pushes HSBC’s hedging costs to decade high

The bank’s shares in Hong Kong rose after hitting a 25-year low last month

Shares of FTSE 100 bank HSBC are more than two times as volatile as Hong Kong’s Hang Seng Index benchmark, pushing hedging costs to a decade high.

The bank’s shares, which were up by 4.03% to HK$31.00 as of 8:13am BST on 5 October, continued to be one of the top performers on Hong Kong’s Hang Seng Index. In comparison, the index rose by 1.41%.

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