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Two Hong Kong banks pocket US$3.2 million in Ant IPO loan fees

Two Hong Kong banks pocket US$3.2 million in Ant IPO loan fees

HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group’s suspended IPO in Hong Kong, will pocket up to HK$25 million in interest income, after opting not to waive interest charged from customers.
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