Hong Kong Frees $64 Billion in Bank Capital to Lift Economy
A collection of Hong Kong one-hundred dollar banknotes. (Photographer: Paul Yeung/Bloomberg)

Hong Kong Frees $64 Billion in Bank Capital to Lift Economy

(Bloomberg) -- The Hong Kong Monetary Authority cut bank capital buffers to free up HK$500 billion ($64 billion) in cash to stoke lending in the struggling Asian financial hub.
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