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Two days of volatility in SOFR, the main contender to replace Libor, has cast doubt on its suitability as a new benchmark rate for corporate financial activity
Publicly listed companies in Hong Kong will grudgingly have to accept mandatory disclosure of ESG-related risks as the new norm next year.
Many Chinese peer-to-peer lending firms are facing closure, but analysts say fears of contagion in the wider economy are exaggerated.