Silicon Valley Bank failure offers lesson for China
The Securities Times said that while the SVB incident reflects loosened regulation of such banks in the US, a slew of financial regulatory reforms in China over the past years have cleaned up the industry, curbed shadow banking and reduced financial risks.
China's smaller banks, more vulnerable to interest rate risks, could suffer from shrinking interest spreads and investment losses during a rate hike cycle, GF Securities said in a report this week. Pic: Reuters