Hong Kong Debt Surpass 9T

Hong Kong’s total loans and advances grew by 0.9% in June┬áto HKD 9.8 trillion, the monetary authority┬ásaid on August 1.

 

The Hong Kong-dollar loan-to-deposit ratio went up to 85.4% at the end of June from 83.9% at the end of May, the Hong Kong Monetary Authority revealed. Loans for IPOs jumped up in the month.

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