香港金管局，辟谣！

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has denied rumors regarding the establishment of a "bad bank" to manage non-performing loans, stating that banks are managing credit risks prudently and that the overall health of the banking sector is sound [2][3]. Group 1: Banking Sector Health - The HKMA emphasizes that the banking sector's balance sheets are healthy, with a credit provisioning coverage ratio exceeding 140%, indicating sufficient reserves to cover potential losses [3]. - As of the end of Q1 2025, the specific classified loan ratio slightly increased from 1.96% to 1.98%, but the overall asset quality remains manageable [4][5]. - The average liquidity coverage ratio for Class 1 institutions was reported at 182.5%, significantly above the statutory minimum requirement of 100% [5]. Group 2: Profitability and Loan Trends - In Q1 2025, the pre-tax operating profit of the retail banking sector increased by 15.8% year-on-year [5]. - Total loans in the Hong Kong banking sector rose by 0.6%, while total deposits increased by 3.5% during the same period [5]. - The loan-to-deposit ratio decreased from 57.0% at the end of Q4 2024 to 55.5% at the end of Q1 2025 [5]. Group 3: Credit Quality - The delinquency rates for credit card loans and residential mortgage loans remained low, at 0.37% and 0.13% respectively, as of the end of Q1 2025 [5].