The Hong Kong Tower That Symbolizes China’s Credit Bubble Bust. The Center’s owners contend with value drops and high vacancy; Distressed sales volume in HK is on track to exceed 2023 level ...

BOCHK has a 16% share of deposits in Hong Kong as of the end of 2023, ranking second in the market after HSBC with 33%. In the 2000s and 2010s, it generated an average ROE of 15%, well above our ...