UPDATE 1-Bank of East Asia’s H1 profit tumbles 75%, warns of protest impact on HK
Hong Kong-based Bank of East
Asia Ltd (BEA) posted a 75% slump in first-half net
profit after it wrote down loans in mainland China because of a
downturn in commercial property markets outside China’s top
cities.
Asia Ltd (BEA) posted a 75% slump in first-half net
profit after it wrote down loans in mainland China because of a
downturn in commercial property markets outside China’s top
cities.
Posted by Reuters
