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HSBC PLC’s profits more than doubled in its latest as the Asia-focused took a more upbeat view on possible bad debts with the recovery in the global economy from Covid-19. Profits in the half-year to end June 2021 jumped to US$10.8bn from US$4.3bn, which reflected an impairment credit of US$0.7bn against a charge of US$6.9bn a year ago.
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