Hong Kong/New York — Asian shares were broadly weaker on Tuesday as possible delays in expanded US stimulus and concerns about fresh pandemic lockdowns in Europe dented the recent positive sentiment towards global equity markets.
Hong Kong shares of HSBC and Standard Chartered weakened a further 2%, as global banking stocks remained under intense pressure on reports about financial institutions allegedly moving illicit funds. British lenders HSBC and StanChart were among global lenders named as having transferred more than $2-trillion in suspect funds over nearly two decades...
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