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Kyle Bass Says Hong Kong Headed for ‘Full-Fledged’ Bank Crisis

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Hong Kong on Verge of 'Full-Fledged Banking Crisis,' Hayman's Bass Says

Kyle Bass, the hedge fund manager who’s been shorting Hong Kong’s currency, said the former British colony faces a banking crisis in 2020, mirroring the struggles of Iceland and Ireland a decade ago.

“It takes about a year for a full-fledged banking crisis to hit, and you’ll see a full-fledged banking crisis in Hong Kong now,” Bass, founder of Hayman Capital, said on Bloomberg TV.