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8:21 p.m. Feb. 22, 2021 - MarketWatch
HSBC sharpens Asia focus as earnings tumble 35%HSBC Holdings PLC, one of the world's largest banks, said it would pour about $6 billion of extra investment into Asia in the next five years, as it doubles down on its core business. The London-based bank, which makes most of its profit in Hong Kong and mainland China, said Tuesday that earnings fell 35% to $3.9 billion last year as the coronavirus pandemic roiled the global economy.
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