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Dah Sing Banking : Bank, Limited 2023 Annual Financial Disclosure Statement

Bank of East Asia cut its exposure to China's troubled commercial property sector last year

Hong Kong’s largest family-owned lender said its non-performing loans in mainland China dropped by 0.47 percentage points to 2.68 per cent at the end of 2023 compared with the first half, as its overall exposure to troubled Chinese property developers shrank.

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