Hong Kong analyst upbeat on HSBC, despite 25 billion bad debts

The video discusses HSBC's financial position, highlighting its early recognition of financial issues and substantial write-offs. It compares HSBC's recovery prospects with Standard Chartered's rights issue, noting the positive market response. The video also addresses the impact on HSBC shareholders, emphasizing the need for financial support. Finally, it critiques HSBC management for not acting sooner, resulting in a larger discount to book value.

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