HSBC Holdings Plc reported fourthquarter profit fell 80% after taking unexpected charges on holdings in a Chinese bank and from selling its French retail operations. Chief Executive Officer Noel Quinn says he has strong confidence in the China economy and has been pleased by stimulus in recent months. He also discusses the China property market and why he derisked on commercial US real estate. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Daybreak: Middle East & Africa."