Why banking crisis is far from over even with UBS-CS deal
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(20-03-2023, 01:29 PM)ysh02 Wrote:  Why STI still steady . .? HK now not so influence here not yet big drop.

Hong Kong is a bigger financial center than Singapore and many European banks are set up at HK for the purpose of.doing business in China.

The other problem is with HK peg with USD.
Most people don't know this it has been attacked over a 2 yr period.prior to 2023, this may resume once situation worsen. The peg is a target during every crisis.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Why banking crisis is far from over even with UBS-CS deal - by sgbuffett - 20-03-2023, 11:55 AM
RE: Why banking crisis is far from over even with UBS-CS - by sgbuffett - 20-03-2023, 01:18 PM
RE: Why banking crisis is far from over even with UBS-CS deal - by ysh02 - 20-03-2023, 01:29 PM
RE: Why banking crisis is far from over even with UBS-CS deal - by sgbuffett - 20-03-2023, 01:38 PM

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