James HesterHSBC shares traded at their highest level in two months as investors positioned themselves ahead of a much-anticipated US interest rate rise this week.
At one point, shares were 2.7% higher amid optimism over the impact of US interest rates.
HSBC shares are up by around 25% year-to-date, with higher rates generally boosting banks´ profitability.
The Federal Reserve (Fed) followed last December´s rate hike with increases in March and June.
A further rate rise at the policy meeting on Wednesday would take the Fed funds rate to 1.5%.
HSBC shares were up 2.02% in Hong Kong trading as at 0719 GMT.
