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HSBC warns on China, UK slowdowns as 2018 profit disappoints

HSBC warns on China, UK slowdowns as 2018 profit disappoints

Reuters Canada - By Sumeet Chatterjee and Lawrence White

HONG KONG/LONDON (Reuters) - HSBC warned it may have to delay some investments this year as Europe's biggest bank missed 2018 profit forecasts due to slowing growth in its two home markets of China and Britain. Its shares fell 3 percent and analysts cut their forecasts as HSBC reported a drop in …

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