Property News · July 14, 2022

Hong Kong banks face higher risks on mainland lending as China’s economy slows, property woes deepen, Moody’s says


Moody’s Investors Service warns slowdown in Chinese economy could weigh on loan portfolios of some Hong Kong banks, with mainland loans accounting for up to 35 per cent of some lenders’ portfolios.

Source : South China Morning Post
Read more…Hong Kong banks face higher risks on mainland lending as China’s economy slows, property woes deepen, Moody’s says