HONG KONG -- Hong Kong-listed banks have reported an increase in expected losses linked to their exposure to the ailing property sector in mainland China, despite a brighter overall earnings picture.
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Hong Kong's Central business district. Banks listed in the territory are heavily exposed to mainland China's property market. © Reuters
HONG KONG -- Hong Kong-listed banks have reported an increase in expected losses linked to their exposure to the ailing property sector in mainland China, despite a brighter overall earnings picture.