Yu Weiwen, president of the Hong Kong Financial Administration, said that recently, the European and American bank crisis incidents have been basically stable, and Hong Kong banks have very low risk exposure and have limited impact on Hong Kong.
According to the Hong Kong News Agency, Yu Weiwen met with reporters before attending the forum on Friday (March 24) that Hong Kong banks held additional first -level capital (AT1) bonds only occupied the wholeThe holdings of bonds are 1%, so the relevant risks are limited, and they are not worried that they will risk the Hong Kong banking industry.Most of these bonds are held by customers or professional investors of private banks, and foreign exchange funds have not had direct risk exposure to AT1 bonds.
In addition, the United States announced on Thursday (23) that 25 basis points were raised, and Hong Kong's discount window interest rate also increased by 25 basis points to 5.25%.Yu Weiwen said that the interest rate hike of the Federal Reserve is in line with expectations, and under the United Hui system, Hong Kong interest rates will follow the US interest upward.
He said that the Hong Kong economy will be affected by many aspects, including interest rate environment and daily economic activities.Since Hong Kong, the market has re -activated and internal demand has increased.However, he admits that external demand is still challenging. It has declined due to the tightening of the global financial environment and dragged down Hong Kong exports. However, as passengers re -visit Hong Kong, they will continue to drive internal needs.
