The Hong Kong Monetary Authority stated that the credit risk of the banking system is under control.

The Hong Kong Monetary Authority responded to the media's inquiries about the situation of individual banks by stating that the Hong Kong banking system remains stable, with manageable credit risks and adequate provisions. The Hong Kong Monetary Authority emphasized the importance of banks prudently managing credit risks and stated that the banking industry in Hong Kong has sufficient capital to withstand market fluctuations. The Hong Kong Monetary Authority declined to comment on individual institutions.