Hong Kong's banks should look beyond China

Hong Kong’s tepid growth is forcing its banks to rely ever more on China for profits. That may be the easy option — but they should look further afield.
July 22, 2016

Hong Kong’s economy is in trouble. House prices are falling. Economic growth is slowing so much Nomura analysts now predict a recession. The increasing — albeit slow — opening of China’s economy is challenging Hong Kong’s status as a crucial hub for foreign companies hoping to enter the mainland.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Ping An, Dah Sing Bank tap dollar market

Ping An Real Estate's debut $300 million bond tests demand for unrated credit, alongside Hong Kong lender Dah Sing Bank's aggressively priced tier-2 bond.
November 22, 2016

Chong Hing launches $300m AT1 bond

The Hong Kong bank's Additional Tier 1 bond was 16x oversubscribed, but credit risk may rise due to recent takeover.
September 19, 2014

Hong Kong banks attract suitors

Wing Hang Bank is the second of four family controlled lenders to attract a takeover approach. M&A bankers and analysts calculate the likelihood of talk turning into deals.
September 17, 2013