The Hong Kong-listed mid-size bank continued to be swarmed by depositors for a second straight day yesterday, with account holders rushing to withdraw their money despite continued assurances from regulators and management that the fifth largest bank in Hong Kong is financially stable. The bank, controlled by David Li, has been under siege from depositors after rumours spread, through text messages, that the bankÆs finances were unstable and it faced financing difficulties.
The run on the bank comes after BEA announced...
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