"the total market value of HSBC Holdings, is lower than the tangible book value of The Hongkong and Shanghai Banking Corporation, HSBC’s founding entity, which now houses its Asian businesses. The market is saying that HSBC is worthless outside Asia."
ft.com/content/d3e5cb… https://t.co/0pwzhjciWL
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…