


| Hong Kong Banks, Long Fat and Happy, Confront Leaner Times |
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For years, Hong Kong has been one of the world’s most profitable banking markets. That status is now under threat. The city is a money-spinner for HSBC Holdings PLC, Standard Chartered PLC, Bank of China (Hong Kong) Ltd. and others, such as Bank of East Asia Ltd. and HSBC’s local subsidiary, Hang Seng Bank Ltd.
Posted: 2019-10-28 06:25:00
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