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HSBC's 2016 Profit Slumps 62 Percent on Writedowns, Hong Kong Shares Slide
HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates as the British bank took hefty writedowns from its restructuring, sending its Hong Kong shares down 3.5 percent.
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Source: NY Times
06:57, February 21, 2017
REUTERS
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