This piece on Bloomberg doesn't do any more than state the obvious, and the data is obviously lagging by at least a month, but it puts the potential for capital outflows to affect either the banking system or the USD/HKD peg into context.
Four takeaways from me:
1. the outflows are likely to be significant;
2. the significance of the outflows is a very long way away from being likely to affect banking stability or the USD/HKD peg;
3. there is no shortage of money which can continue to come down from the mainland to pick up assets in Hong Kong;
4. bank margins could well be squeezed.
https://www.bloomberg.com/news/artic...d=premium-asia