Several central Banks in the region, including the People's bank of China, the bank of Korea and the Hong Kong Monetary Authority, have given warnings about the risk of asset bubbles.

亚洲地区的几家中央银行，包括中国人民银行、韩国银行、香港金融管理局都已发出资产泡沫的风险警告。

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On December 10th, Wang Xuebing, the former head of Bank of China in Hong Kong (the listed arm of one of the mainland's big four state-owned banks) was jailed for 12 years for graft.

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As an international banking expert, a rarity in China, he was also invited to be an independent director of the Bank of China in Hong Kong.

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The H-shares of Bank of China in Hong Kong rose 0.5% to 3.71 Hong Kong dollars (48 cents).

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