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Finance

HSBC plans bigger Asian investment as it beats earnings estimates

Bank will reinstate dividends and step up fee-generating operations

HSBC Holdings' Hong Kong headquarters. The bank will step up a plan to reverse years of underperformance by investing in higher-return fee-generating operations, especially in Asia.   © Reuters

HONG KONG -- HSBC Holdings reported a better-than-expected fourth-quarter pretax profit on Tuesday and said it plans to put more capital into Asia in a bid to reverse years of underperformance.

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