People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Stress Testing the Banking Sector and Systemic Risk Analysis

Publication Date:

June 15, 2021

Electronic Access:

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Summary:

Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR’s economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global COVID-19 pandemic, resulting in an unprecedented two consecutive years of negative economic growth.

Series:

Country Report No. 2021/114

Subject:

Frequency:

regular

English

Publication Date:

June 15, 2021

ISBN/ISSN:

9781513573250/1934-7685

Stock No:

1HKGEA2021002

Pages:

108

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