HSBC extended HK$150 billion in margin loans, which gives it an income of between HK$10 million and HK$18 million. Photo: Bloomberg HSBC extended HK$150 billion in margin loans, which gives it an income of between HK$10 million and HK$18 million. Photo: Bloomberg
HSBC extended HK$150 billion in margin loans, which gives it an income of between HK$10 million and HK$18 million. Photo: Bloomberg

HSBC, Bank of China (HK) pocket up to US$3.2 million in fees from Ant’s IPO loans, even as brokers waive charges on halted stock sale

  • The lenders extended half of the HK$500 billion in margin financing offered by all banks and stockbrokers in the city
  • Smaller banks and some stockbrokers have waived interest charges

Topic |   Ant Group
HSBC extended HK$150 billion in margin loans, which gives it an income of between HK$10 million and HK$18 million. Photo: Bloomberg HSBC extended HK$150 billion in margin loans, which gives it an income of between HK$10 million and HK$18 million. Photo: Bloomberg
HSBC extended HK$150 billion in margin loans, which gives it an income of between HK$10 million and HK$18 million. Photo: Bloomberg
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