HSBC HK & China credit-impaired CRE loans are high and rising. Its HK CRE credit metrics also appear to be worsening a lot. Yet, HSBC's credit costs remain relatively benign in LT perspective.
Boomeranged on Thu, 8 Feb 2024 08:54
NYCB, Aozora, now Pfandbriefbank in Germany, CRE risks are clear. HSBC is not only exposed in places like Hong Kong and China, but also material exposures in UK and US.
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