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To: John Hunt who wrote (16106)	8/3/1998 7:24:00 PM
From: John Hunt	Read Replies (1) of 18056

HSBC sets aside HK$8.9b over fears of bad debt scmp.com << HSBC Holdings, which owns Hongkong Bank and Britain's Midland Bank, yesterday revealed a huge increase in provisions for bad and doubtful debts. As Asia entered the 14th month of economic crisis, the group raised its bad debt charge to US$1.15 billion (HK$8.89 billion) - a 346 per cent rise on the first six months of last year. >>

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