The Financial Times quoted two anonymous sources with knowledge as reporting that HSBC is peddling high-risk loans issued by Hang Seng Bank to investors. People familiar with the matter revealed that in recent months, the bank has opened access to creditor investors to check the loan asset portfolio of its Hong Kong subsidiary. One of the sources said that there may be a lot of resistance in the negotiation process, and private debt funds will require a large discount to purchase this batch of loans. According to the data, as of the end of last year, HSBC Hong Kong's third-stage commercial real estate non-performing loans totaled US$6.3 billion, of which more than half were concentrated in Hang Seng Bank, with a scale of about US$3.5 billion. The report quoted HSBC as saying, “Our priority has always been to serve our customers.” “We will continue to take routine steps to manage our overall credit asset portfolio as part of our prudent risk control strategy.”

The Financial Times quoted two anonymous sources with knowledge as reporting that HSBC is peddling high-risk loans issued by Hang Seng Bank to investors. People familiar with the matter revealed that in recent months, the bank has opened access to creditor investors to check the loan asset portfolio of its Hong Kong subsidiary. One of the sources said that there may be a lot of resistance in the negotiation process, and private debt funds will require a large discount to purchase this batch of loans. According to the data, as of the end of last year, HSBC Hong Kong's third-stage commercial real estate non-performing loans totaled US$6.3 billion, of which more than half were concentrated in Hang Seng Bank, with a scale of about US$3.5 billion. The report quoted HSBC as saying, “Our priority has always been to serve our customers.” “We will continue to take routine steps to manage our overall credit asset portfolio as part of our prudent risk control strategy.”