HSBC Holdings set to fall 1.22% for large impairment

Source: Internet
Author: User
HSBC Holdings (00005-HK) fell 1.22% to HK $65, a deal of HK $263 million, raising concerns about a profit outlook for HSBC Finance, which is expected to make large write-downs.  CreditSights, the Securities Research Institute, said that even though debt had been restructured with clients, the quality of huirong loans had not improved, the repayment performance had not been satisfactory, or a 10 billion-dollar impairment reserve had to be made. In addition, the share of the index will be reduced from 20.11% to 15%, which is also unfavourable to the shares.

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