Hong Kong says banks are profitable, defying doomsday prediction
  • The pre-tax profit of all Hong Kong’s retail banks rose 1.8 per cent in the first nine months of 2019, while the capital ratio is over 20 per cent, among the highest worldwide
  • Saying HK banks are heading for crisis is ‘groundless’, says HKMA deputy chief executive Arthur Yuen as he unveils data for the sector
17 Jan 2020 - 10:50PM