The Hong Kong Monetary Authority told banks to assume, for stress-test purposes, that customers will withdraw $89 billion during the next year. The figure reflects concerns about banks' fast-growing balance sheets. "The potential problem is that liquidity is tightening in the banking sector," said Paul Lee, an analyst at Haitong International Securities Group. "When the US ends its quantitative easing, monetary policy and global liquidity will tighten, and this may cause more fund outflows in Hong Kong."

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