Hong Kong Banks’ Biggest Threat Could End Up Saving Them
Jack Ma, chairman of Alibaba Group Holding Ltd., arrives for the Tech For Good summit at Elysee Palace in Paris, France. (Photographer: Marlene Awaad/Bloomberg)

Hong Kong Banks’ Biggest Threat Could End Up Saving Them

(Bloomberg Opinion) -- In a poor, underbanked country, there wouldn’t be anything unusual about imposing a $6.40–a-month penalty on depositors unable to keep at least $640 in their savings accounts...
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