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Hong Kong’s biggest banks find themselves in a vice as they cut rates for the first time in 11 years during city’s recession
HSBC had US$308 billion of loans to customers in Hong Kong, or 64 per cent of volume in Asia, last quarter; Standard Chartered trims prime rate to 5.25 per cent in its most profitable region as Hong Kong slips into technical recession Empty shops at the Times Square shopping centre in Hong Kong’s....


Posted: 2019-10-31 14:55:00

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Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven. Matthew, 6. 19

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