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Lending growth outpaces deposit growth yet again

Posted by Able on January 23, 2025

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At the start of the fourth quarter, bank lending once again surpassed deposit growth, straining resources and prompting many banks to increase deposit rates.

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Stock Market LIVE Updates: Hong Kong stocks notch 9-day winning streak in longest rally since 2018

Hong Kong stocks extended their rally on Friday, supported by ongoing positive market sentiment fueled by China's increased economic stimulus measures. The Hang Seng Index surged by 1.5%, marking its ninth consecutive day of gains, the longest winning streak since January 2018. Hong Kong-listed Chinese tech giants also saw continued gains, closing 2.7% higher.

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Lending growth outpaces deposit growth yet again

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