Silicon Valley Bank’s collapse likely to boost Chinese stocks by tempering US interest rate rises, brokerage says

Source: China – South China Morning PostThe collapse of Silicon Valley Bank (SVB) is likely to be a boon for Chinese stocks, as the biggest failure of a lender since 2008 could lead to less aggressive interest-rate hikes in the US, one of the key concerns weighing on local equities, according to Shenwan Hongyuan Group.Read More