Banks in HK are showing signs of panicked need for deposits. The money is running : deposit rate offers: China Merchants Wing Lung, 5% for 1mo
HSBC, 4% for 7d
Hang Seng, 4% for 7d : All while overnight HIBOR is 67bps and 1mo HIBOR is 1.85%. #HKQUIETPANIC #HKexit
— Kyle Bass (@Jkylebass) September 12, 2019
HK bank minimum leverage ratio: 3%
Won't take long.t.co/xirwWIUC78 #HK #China
— David Jensen (@RealDavidJensen) September 12, 2019
HK banks capital-to-assets ratio:
10%t.co/MoHtEwEQ5N#HKexit #HK #China
— David Jensen (@RealDavidJensen) September 12, 2019
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