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Non-Tech : Hong Kong & Shanghai Banking Corporation
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To: Green Receipt who wrote (1)2/23/1999 3:40:00 AM
From: David C. Parker  Read Replies (1) of 12
 
No; it has been listed in HK for many, many decades, and now has a listing in London (HSBC)since the time it took over Midland Bank there.

It just reported its profit figures for the last 6 months, with a drop of 21% on provisioning (although a 6% gain on headline profit) as a result of the Asian crisis. However, it increased its dividend payout substantially, announced a 3/1 split, and a proposed listing on the NYSE
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