The report confirms the long-term IDR of five Hong Kong banks, including the "A +" level of 00011.HK, the "A" level of Central Hong Kong (02388.HK), the "A" level of Hong Kong Branch of Traffic Bank, the "A" level of China Construction Bank (Asia), and the "BBB+" level of Trust International. The outlook is "stable".

The report confirms the favourable view that Hong Kong banks have sufficient capital and liquidity to offset the short-term economic downturn, even if the indicator is expected to be affected by the political turmoil in Hong Kong and the regional growth in China and the United States. The impact of sporadic branch closures and operating operations is expected to be partially offset by the vigorous development of the number of banks in recent years. It is expected that with the support of financial support and adequate system mobility, Hong Kong will effectively maintain adequate capital and liquidity. In October, the Bureau announced its support for SMEs and the release of loans to boost the economy, which is also expected to solve the problem of short-term financial strength.

Ex gratia notes that the weak growth in Hong Kong dollar deposits in recent months may contribute to the spread of interest rates, but Hong Kong's profitability is expected to be stable, mainly due to the strong liquidity and liquidity of the banks. It is expected that in view of the rising economic income and failure rate in Hong Kong, Hong Kong is expected to spend on a higher level of credit, but the above expenditure has been balanced under strict cost control and financial management.

According to the report, Hong Kong has closer ties with Hong Kong when it comes to the mainland, and it is expected that Hong Kong will increase its MCE to the mainland, which will support Hong Kong's growth and profitability in the medium term, especially the Hong Kong affiliate of large mainland banks. However, MCE is concentrated, accounting for 29% of the total industry output in the first half of this year, making Hong Kong more vulnerable to economic growth in the mainland. (da/k) ~

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