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EconomyA rerun of the 1997 Asian financial crisis? HSBC chief economist sees significant similarities

HSBC’s chief economist sees significant similarities between today’s financial environment and the period leading up to the 1997 Asian financial crisis, when surging U.S. bond yields, a weak Japanese yen and optimism about technology dominated markets.

Asian financial crisisbond yieldsJapanese yentech optimism

CCNBC★★☆☆☆2026-09-01 09:58Original

A rerun of the 1997 Asian financial crisis? HSBC chief economist sees significant similarities
A rerun of the 1997 Asian financial crisis? HSBC chief economist sees significant similaritiesEconomy