A view of residential buildings in the Sham Shui Po district in Kowloon. BIS said in a report that Hong Kong’s banking sector was vulnerable to a crisis because of climbing property prices. Photo: Roy Issa

Hong Kong, China bank sectors vulnerable to crisis, says Bank of International Settlements

Rising debt and property prices – two major indicators of a crisis – “flashing red”

Topic |   Banking & Finance

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A view of residential buildings in the Sham Shui Po district in Kowloon. BIS said in a report that Hong Kong’s banking sector was vulnerable to a crisis because of climbing property prices. Photo: Roy Issa
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