HSBC Warns of Pressure in Hong Kong Office Property Amid Defaults
HSBC Holdings Plc, the largest bank in Hong Kong, warned that the city’s commercial property sector continues to face “downward pressure” after bad loan provisions jumped this year.
By Denise Wee · Bloomberg Markets
HSBC Holdings Plc, the largest bank in Hong Kong, warned that the city’s commercial property sector continues to face “downward pressure” after bad loan provisions jumped this year.