Hong Kong analyst upbeat on HSBC, despite 25 billion bad debts

The video discusses HSBC's financial position, highlighting its early recognition of financial issues and substantial write-offs. It compares HSBC's recovery prospects with Standard Chartered's rights issue, noting the positive market response. The video also addresses the impact on HSBC shareholders, emphasizing the need for financial support. Finally, it critiques HSBC management for not acting sooner, resulting in a larger discount to book value.

How many video investors are estimated to hold shares in HSBC?

• 500,000

• 750,000

• 1,000,000

• 1,500,000

What does the text suggest about the management's timing in addressing the financial issues?

• They acted promptly

• They acted too late

• They acted at the right time

• They did not act at all