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HSBC shares jump as credit squeeze worries ease

Tue Oct 2, 2007 11:56pm EDT
 
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HONG KONG, Oct 3 (Reuters) - Shares in HSBC Holdings (0005.HK: Quote, Profile, Research, Stock Buzz), Europe's biggest bank, tracked gains in global peers to soar more than 4 percent on Wednesday, with investors hopeful the market has seen the worst of the credit squeeze.

HSBC's shares were trading at HK$149.90 at 0356 GMT, just off a morning high of HK$150.2.

((Reporting by Rita Chang, editing by Anne Marie Roantree; rita.chang@reuters.com; Reuters Messaging: rita.chang.reuters.com@reuters.net; +852-2843-6370)) Keywords: HSBC SHARES/

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