HSBC to raise Hong Kong best lending rate to 5.75%

Kitco Media
By Reuters
Published:
Updated:
Reuters
HONG KONG, May 4 (Reuters) - HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said in a statement on Thursday, following the territory's central bank hiking its base rate by 25 basis points. (Reporting by Selena Li; Editing by Muralikumar Anantharaman)

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