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<About Stock Markets>The Incident of Credit Suisse Crisis and the Silicon Valley Bank
Needless to say, the top priority of the market in March is the outbreak of the banking crisis. Established 167 years ago, Credit Suisse, the second largest bank in Switzerland with assets under management of 1,159.3 billion Swiss francs, suffered a sharp drop in its stock price due to internal deficiencies being made public, shareholder relations and many other scandals. In the end, the Swiss government and UBS provided liquidity support and were acquired by the latter at a "low price".
Kay Ho (CE No.: ANV293)
Acer King Capital Hong Kong Limited
Statement: The author is a licensee of the 1st, 4th, and 9th types of licenses of Securities and Futures Commission, SFC. Acer King securities Limited and Acer King Capital Hong Kong Limited were invited to contribute articles in Hantec Group's monthly newsletter as an independent third party. The writing does not represent the position of Hantec Group. As the author does not personally hold the above-mentioned shares, investors should exercise caution when buying or selling relevant securities and investment instruments.
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