Higher interest rates will weigh on Hong Kong’s mortgage borrowers and corporate debtors, as the costs of servicing their debt soar with the key interest rate at a 14-year high. Some corporate borrowers in particular face a perilous fate. Unable to generate enough cash to pay the interest on their ...
See Details: Zombie apocalypse: 1 in 5 Hong Kong-listed companies not earning enough to pay the soaring interest on their debts