Shares of FTSE 100 bank HSBC are more than two times as volatile as Hong Kong’s Hang Seng Index benchmark, pushing hedging costs to a decade high.

The bank’s shares, which were up by 4.03% to HK$31.00 as of 8:13am BST on 5 October, continued to be one of the top performers on Hong Kong’s Hang Seng Index. In comparison, the index rose by 1.41%.