Financial Secretary John Tsang lauded the strength of local banks and their implementation of global banking regulations such as Basel III. Photo: Dickson Lee

Hong Kong banks 'hold their breath' on Fed rate meeting

Hong Kong's financial markets brace for potential increase in the US federal fund rate but financial secretary says banks balance sheets in good shape

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Financial Secretary John Tsang lauded the strength of local banks and their implementation of global banking regulations such as Basel III. Photo: Dickson Lee
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