Slow Growth, Bad Loans Weigh on HSBC

Shares continued their decline Wednesday after the company reported softening revenues and rising credit losses

The shares of HSBC Holdings (HBC), the world's third largest bank, fell about 1% leading all declining issues in Hong Kong trading on Dec. 6 following comments the day before by the bank's executives that revenues had slowed down in the third quarter and bad debts were on the upswing in both Britain and the U.S. The shares were lower by 0.5% in London trading on Dec. 6.

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