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HSBC 07 CHINA OPERATION PROFITS HIT USD1BN
AsiaInfo Services, March, 2008
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> AsiaInfo Services 03-05-2008 HSBC 07 China Operation Profits Hit USD1bn SHANGHAI, Mar 05, 2008 (SinoCast via COMTEX) -- HSBC Holdings plc (NYSE: HBC; SEHK: 0005) said on March 3, 2008 that its China operation gained pre-tax profits of over USD 1 billion in 2007. HSBC made pre-tax net profits of USD 24.212 billion in the year, rising 10% year on year, mainly driven by its good performance in the emerging markets, especially in the Chinese market. HSBC now provides corporate financial services for clients in 17 Chinese cities and individual financial service for customers in 15 ...
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