Shares in HSBC plunged Tuesday after the company asked for a $18 billion cash injection from shareholders, and reported worse-than-expected earnings; yet, financiers in Hong Kong put their money where their mouth is.

Share prices fell nearly 20 per cent in day trading Tuesday, after the company froze trading for Monday’s session and the report of a 70 per cent collapse in net profit year-over-year.

Yet, a number of financial gurus in the country, including Allan Zeman, David Tung, and Ricky Tam interrupted short-term plans to ensure that they could jump on what Lan Kwai Fond Holdings told AFP was a “once-in-a-lifetime opportunity,” to buy HSBC at $30 a share.

“HSBC has not escaped the financial turmoil. But it is less affected than most of the other banks,” said Allan Zeman when asked about the issue.

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