Saturday, February 10, 2007

HSBC 's loan loss provision

HSCB the world 's local bank. Stephen Green has just announced the worsening sub prime mortgage business at the state. Given the robust capital structure and strong growth at niche markets, it should be the first of the time for HSBC to have a early announced recession. As a shareholder, should we still bet on the management ?

I will take a look at the historical loan loss provision and compare with the growth of the company. Let's see what should be done.

My portfolio:

0005 HSBC HDGS
0753 AIR CHINA - H SHS
0902 HUANENG POWER INTL-H SHS
1098 ROAD KING INFRAST.

1398 ICBC - H SHS
3968 CM BANK - H SHS
3988 BANK OF CHINA - H SHS