HSBC Cuts Hong Kong Prime Rate for First Time in 11 Years
A woman adds her message to a glass wall inside an arcade in Mong Kok district. (Photographer: Justin Chin/Bloomberg)

HSBC Cuts Hong Kong Prime Rate for First Time in 11 Years

(Bloomberg) -- HSBC Holdings Plc lowered its Hong Kong prime lending rate for the first time in 11 years, underscoring the economic challenges facing the financial hub.
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