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HK Credit Card Receivables Fall 3.8% QoQ in 1Q26
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The Hong Kong Monetary Authority announced that total credit card receivables, after surging 8.7% in the previous quarter driven by festive spending and cardholders settling salaries tax, declined 3.8% QoQ in 1Q26 to HKD158 billion at end-March. The combined delinquency and rescheduled ratio stood at 0.45% at end-March 2026, compared with 0.40% at the end of the previous quarter. The quarterly credit card charge-off ratio was 0.56% in 1Q26, versus 0.62% in the previous quarter. (ad/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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