02067cas a2200301 a 4500 AALejournalIMF021612 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513573106 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. People's Republic of China-Hong Kong Special Administrative Region : Financial System Stability Assessment-Press Release and Statement by the Executive Director for the People's Republic of China-Hong Kong Special Administrative Region. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (66 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The main macro-financial risks relate to extensive linkages to Mainland China, stretched real estate valuations, and exposure to shifts in global market and domestic risk sentiment, compounded by escalating U.S.-China tensions. Stress tests show that the financial system is resilient to severe macro-financial shocks, but there are pockets of vulnerabilities in foreign bank branches, investment funds, households, and nonfinancial corporates. Hong Kong SAR's financial sector is also exposed to physical and transition risks from climate change. Mode of access: Internet International Agreements imf International Organizations imf Monetary Policy imf Observance imf Hong Kong Special Administrative Region, People's Republic of China imf IMF Staff Country Reports; Country Report ; No. 2021/102 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/102/002.2021.issue-102-en.xml IMF e-Library