CCXGFI conducts climate risk stress testing for a large Hong Kong-based Chinese commercial bank

China Chengxin Green Finance International (CCXGFI) recently provided climate risk stress testing services for a major Chinese commercial bank based in Hong Kong. By conducting quantitative analysis and stress testing for both transition risks and physical risks, CCXGFI helped the bank thoroughly assess the potential financial losses caused by climate change, ultimately improving its profitability and market competitiveness. The entire process was carried out strictly according to requirements of the Hong Kong Monetary Authority (HKMA), after which the standardized testing approach was customized to reflect the bank’s specific operational context.

 

This service not only sets a benchmark for Chinese banks in Hong Kong on meeting climate risk management standards but also contributes to strengthening the broader community's ability to anticipate and respond to climate-related disasters. Furthermore, it promotes greater recognition and support for sustainable development across various sectors in Hong Kong.