The Wall Street Journal

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June 05, 2026

Shares of London-listed financial groups with a large presence in Asia fell on fears that new rules would curtail mainland Chinese investors’ use of Hong Kong bank accounts.

– By Joe Stoner

HSBC, StanChart Shares Retreat On Worries of New Hong Kong Rules

Insurer Prudential slid 7.6% in Thursday’s trading. Shares of HSBC—the U.K.’s most-valuable bank—fell 1.8%, while Standard Chartered slid 2.8%.

The moves follow a 6.8% decline for insurance giant AIA Group in Hong Kong trade.

The Wall Street Journal

This story is from the June 05, 2026 edition of The Wall Street Journal.

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