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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. tariff hikes will affect supply chains: Aberdeen Standard InvestmentsPruksa Iamthongthong, deputy head of Asia-Pacific equities at Aberdeen Standard Investments, says the latest U.S. tariffs will likely prompt more companies to relocate their supply chains out of China.
Persons: Iamthongthong Organizations: Investments, Aberdeen Standard Investments Locations: Aberdeen, Asia, Pacific, China
[1/2] Chief Financial Officer of HSBC Georges Elhedery poses for a photo in this undated handout picture. It’s also surprised investors and raised questions about HSBC’s direction. Known at HSBC (HSBA.L) for his strategic vision more than for his accounting skills, Elhedery has climbed the ranks of HSBC’s investment bank since joining in 2005. "It was a surprise to us,” said Hugh Young, Asia chairman of Aberdeen Standard Investments, one of HSBC's top 25 shareholders. CEO Noel Quinn has done a good job but investors are impatient for faster progress, Young said.
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