China

BEA China NIM dips in 1H14

Increasing competition for deposits partly to blame.

LDR loosening to benefit China's smaller banks

Meanwhile, two major adjustments are entailed.

China's CBRC eases LDR calculation rules

Which will moderately ease liquidity for banks.

Fund flows to China's equity market declines

Most of total fund inflows were ETFs.

Hang Seng Bank raises RMB1 billion in Hong Kong RMB bond market debut

The bonds received positive responses from investors.