BRIEF-Hong Kong Monetary Authority Publishes Monetary & Financial Stability Report

Hong Kong Monetary Authority: * HONG KONG MONETARY AUTHORITY: TOTAL DEPOSITS INCREASING MODESTLY IN FIRST SEVEN MONTHS OF 2022, THERE WAS NO NOTABLE SIGN OF OUTFLOWS FROM HONG KONG BANKING SYSTEM

* HONG KONG MONETARY AUTHORITY: RESIDENTIAL PROPERTY MARKET SOFTENED RECENTLY AS MARKET SENTIMENT TURNEDCAUTIOUS AMID RISING INTEREST RATES * HONG KONG MONETARY AUTHORITY: DEBT REPAYMENT ABILITIES OF SOME HOUSEHOLDS AND CORPORATES HAVE BEEN WEAKENED SINCE THE FIFTH WAVE OF COVID-19 OUTBREAK

* HONG KONG MONETARY AUTHORITY: BANKS SHOULD CAREFULLY ASSESS THE POTENTIAL IMPACTS OF SHARP RISES IN INTEREST RATES ON THEIR LOAN PORTFOLIOS Source text

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