Lot's of activity with SCB and HSBC around credit limit reductions, closing credit cards and getting annual fees I have seen first hand with myself and with my associates. Looks like Covid-19 and the Trade War are bigger head winds than the banks would like to admit. I have not seen the same with pure play Credit Card companies or local banks in the region.
Seems like highly prudent risk tightening and improving their overall financial health. This is going to be a brutal year for the international banks/ universal banking model's with a heavy reliance on Asia.