• 11/10/2024

Hong Kong has not suffered capital outflows during current US rate rise cycle, with total bank deposits up, HKMA boss says

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hong Kong has not seen capital outflows during current interest rate rise cycle, with total deposits at local banks increasing during period, says HKMA CEO Eddie Yue Wai-man.

https://www.scmp.com/business/article/3219294/hong-kong-has-not-suffered-capital-outflows-during-current-us-rate-rise-cycle-total-bank-deposits?utm_source=rss_feed