Six Hong Kong-listed firms say their deposits at SVB are immaterial – Reuters

// Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S. lender and its impact on operations were immaterial, in an effort to calm investors. https://www.reuters.com/business/finance/six-hong-kong-listed-firms-say-their-deposits-svb-are-immaterial-2023-03-12/ //