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23 — The Bank of East Asia News Story

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FinancialsConservativeLarge CapTurnaround

Bank of East Asia plunges most in 18 years as annual profit drops

** Shares of Bank of East Asia 0023.HK plunge 13.8% to HK$13.72, on track for the biggest one-day pct drop since October 2008

** Stock hit its lowest level since January 26

** The bank said its 2025 net profit attributable to owners of the parent fell 24% y/y to HK$3.5 billion ($447.8 million) with full-year total dividend of HK$0.61 per share, compared with HK$0.69 in 2024

** YTD, stock up 4.4%, benchmark Hang Seng Index .HSI up 3.3%

($1 = 7.8155 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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