China In-Focus: Corporate loan activity plunges 58%; HSBC to invest $448m

Follow-ups -eshrag News:

Wed, 2022-06-01 17:56

RIYADH: Corporate loan activity in China has dropped 58 percent so far this year, according to deals in all currencies. In another development, HSBC announced that it intends to invest as much as $448 million in its Chinese operations. Meanwhile Hong Kong’s shares fell amid uncertainty regarding China’s economy.

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Business & Economy

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