Hong Kong banks account for 48.9 per cent of lending by foreign banks to China, Fitch says. Photo: AFP

Fitch flags ‘asset-quality risk’ as Hong Kong banks ramp up lending exposure to China

Hong Kong financial institutions increased their lending exposure to China by 10 per cent in the first quarter, accelerating from 6 per cent growth in 2016, according to Fitch

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Hong Kong banks account for 48.9 per cent of lending by foreign banks to China, Fitch says. Photo: AFP
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