Hong Kong's Post-Handover Opportunity

The video discusses the Asian financial crisis and how Michelle Lewis saw it as an opportunity for growth in the distressed debt market. The bank's expansion in trade volume and market share is highlighted, along with a detailed analysis of the current credit market in Asia. The discussion also covers potential future credit events due to leverage and market conditions, emphasizing the importance of restructuring for companies making poor decisions.

What was Michelle Lewis's perspective during the Asian financial crisis?

• He felt it was a period to avoid any financial risks.

• He saw it as a time to exit the market.

• He believed it was a chance to enter the market.

• He thought it was a time to consolidate existing assets.

What contributed to the startup bank's growth in trade volume?

• Decreasing market share

• Expansion into European markets

• Focus solely on Asian markets

• Reduction in bond trading

How has the number of issuers in Asia changed over the years?

• It has decreased significantly.

• It has become more concentrated.

• It has increased, leading to less concentration.

• It has remained the same.

What is a potential outcome of the combination of high leverage and rising rates in large markets?

• Increased liquidity in the market

• A decrease in credit events

• Stress leading to corporate restructuring

• Stability in the financial system

Which of the following is NOT mentioned as a typical situation in the current credit market?

• Evergrande

• Samsung

• Noble

• Reliance Communication