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Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, posted a jump in impairments in the first half, as ...
HONG KONG -- Bad loans are ballooning at Hong Kong-listed HSBC Holdings and its majority-owned Hang Seng Bank as the financial hub's commercial real estate slump weighs on the banking sector.
HSBC Holdings and Hang Seng Bank are expected to release interim reports this week as earnings season gears up.
Hang Seng Bank reported a 30% drop in net profit for the first half of 2025, dragged by lower net interest income and increased provisions amid continuing economic uncertainties.
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