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Some Major HK Banks Discussing Establishment of Bad Bank: Wire
Some of Hong Kong's large banks are in preliminary discussions to set up a bad bank amid a rise in non-performing loans among Hong Kong banks, Bloomberg quoted sources as sayin...
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Some of Hong Kong's large banks are in preliminary discussions to set up a bad bank amid a rise in non-performing loans among Hong Kong banks, Bloomberg quoted sources as saying.

A number of banks, including HANG SENG BANK (00011.HK)  +0.600 (+0.492%)    Short selling $27.14M; Ratio 15.705%   and BANKCOMM (03328.HK)  +0.100 (+1.366%)    Short selling $16.41M; Ratio 10.590%   , have recently approached consulting firms, and are in preliminary discussions to set up a specialized organization to deal with bad debt issues, with one of the considerations being to follow China's lead and set up a non-performing asset management company to allow banks to recover at least some of their loans.

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However, it is not yet known whether this plan is supported by other local banks and regulators.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 16:25.)

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