News China02 Apr 2021

COVID-19 pushes HSBC China venture's net profit down by 96% in 2020

| 02 Apr 2021

HSBC Life Insurance has reported a net profit of CNY656,000 ($100,000) for 2020, a 95.5% plunge compared to profits of CNY14.7m for 2019, according to data compiled from the insurer's quarterly solvency reports by Investment Times.

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