March 3 (Bloomberg) -- HSBC Holdings Plc, Europe’s biggest bank, fell the most in more than two decades in Hong Kong trading after announcing plans to raise 12.5 billion pounds ($17.5 billion) in a rights offer following losses at its U.S. unit.
The shares plunged 18 percent to HK$46.60 at 10:07 a.m. local time, after falling as much as 19 percent. It was the biggest intraday drop since October 1987.
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