Hong Kong Stocks Slide As Markets Fear Losses in UBS-Credit Suisse Deal While Huarong Slumps on US$4 Billion Loss Alarm

South China Morning Post2023-03-20

The forced merger between UBS and Credit Suisse will impose losses on some investors in one of the latter’s riskiest capital instrumentsChina Huarong flags a US$4 billion loss amid erosion in value of...

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