HONG KONG -- Standard Chartered reported solid, double-digit, top and bottom line growth in 2023, while its China operation continued to be impacted by the country's real estate crisis.
Another $850m impairment charge on Bohai Bank as real estate crisis continues

Standard Chartered has cut back on its exposure to the Chinese commercial real estate sector. (Photo by Kenji Kawase)
HONG KONG -- Standard Chartered reported solid, double-digit, top and bottom line growth in 2023, while its China operation continued to be impacted by the country's real estate crisis.