Recently Released Market Study: Hong Kong Business Forecast Report Q1 2014
In spite of the strong fundamentals backing Hong Kong's banks, the sector is facing growing risks from not just a general slowdown in its domestic economy, but also from a growing exposure to borrowers in China. On top of an increasing possibility of a property correction coming earlier than expected, the support from financial services also appears to be diminishing. Also, Hong Kong banks' claims on banking entities on the mainland, which previously had the implicit guarantee of the government,...
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