04859oam 22013334 450 991016292340332120250426110626.09781475566345147556634497814755663831475566387(CKB)3710000001045070(MiAaPQ)EBC4800294(IMF)1HKGEA20170021HKGEA2017002(EXLCZ)99371000000104507020020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierPeople's Republic of China-Hong Kong Special Administrative Region : Selected IssuesWashington, D.C. :International Monetary Fund,2017.1 online resource (26 pages) illustrations (some color), graphs, tablesIMF Staff Country Reports9781475566062 1475566069 Includes bibliographical references at the end of each chapters.This Selected Issues paper analyzes Hong Kong Special Administrative Region (SAR) banks’ exposure to nonbanking businesses in Mainland China. Hong Kong SAR banks are generally less exposed to riskier Mainland businesses. Despite that, a sharp deterioration in the balance sheet of Mainland businesses, as well as a sharper-than-expected downturn in the Mainland economy could negatively affect Hong Kong SAR banks, raising debt at risk well above suggested estimates. As Hong Kong SAR banks generally have sizable buffers against downside risks, the best approach to such a scenario is vigilance, including maintaining high origination and underwriting standards.IMF Staff Country Reports; Country Report ;No. 2017/012FinanceChinaHong KongFinanceAsiaBanks and BankingimfExports and ImportsimfLaborimfMacroeconomicsimfIndustries: Financial ServicesimfAccountingimfCurrent Account AdjustmentimfShort-term Capital MovementsimfEmpirical Studies of TradeimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfWages, Compensation, and Labor Costs: GeneralimfRetail and Wholesale Tradeimfe-CommerceimfInternational economicsimfLabourimfincome economicsimfBankingimfFinanceimfMonetary economicsimfFinancial reporting, financial statementsimfTrade balanceimfCurrent account surplusesimfWagesimfCurrent accountimfInternational tradeimfBalance of paymentsimfLoansimfFinancial institutionsimfBalance of tradeimfBanks and bankingimfLabor economicsimfE-CommerceimfIncome economicsimfHong Kong Special Administrative Region, People's Republic of ChinaimfFinanceFinanceBanks and BankingExports and ImportsLaborMacroeconomicsIndustries: Financial ServicesAccountingCurrent Account AdjustmentShort-term Capital MovementsEmpirical Studies of TradeBanksDepository InstitutionsMicro Finance InstitutionsMortgagesWages, Compensation, and Labor Costs: GeneralRetail and Wholesale Tradee-CommerceInternational economicsLabourincome economicsBankingFinanceMonetary economicsFinancial reporting, financial statementsTrade balanceCurrent account surplusesWagesCurrent accountInternational tradeBalance of paymentsLoansFinancial institutionsBalance of tradeBanks and bankingLabor economicsE-CommerceIncome economics332.095125DcWaIMFBOOK9910162923403321People's republic of China-Hong Kong special administrative region3418187UNINA