HK bank funding pressure alleviated by RMB’s slower rise
A slower renminbi appreciation should ease funding pressure among Hong Kong banks as fewer depositors convert local currency deposits into renminbi, believes Credit Suisse.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts