香港金融业_香港金融考察行要点整体积极

Key takeaways from our recent HK financial tour are net positive. We see improving revenue growth visibility, with NII growth driven by robust deposit growth (and hence interest-earning assets) and resilient HIBOR. Strong performance in the wealth management business has become a key driver for non-NII growth. Despite a high base in 2025, management sound confident on the outlook for wealth business in 2026. On the risk side, banks noted a resurgence of China CRE risk, but believe that incremental provision ...