Why Did HSBC's Profit Fall in the First Half?

Aug. 5 (Bloomberg) -- Hang Seng Bank, the Hong Kong lender controlled by HSBC Holdings Plc, reported lower first-half profit because of an accounting change and reduced gains from property valuations. Bloomberg's Francis Chan explains what's behind the profit drop on "First Up." (Source: Bloomberg)

Why Hong Kong Is Seen as a Preferred IPO Hub
33:00 - Alex Frino, dean of the Macquarie Graduate School of Management, discusses the IPO market in Hong Kong where values are set to hit a five-year high and why companies find it so attractive. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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