[Hong Kong Monetary Authority plans to consult the market on bank deposit protection in the second half of the year] according to the website of Radio Television Hong Kong, Yu Weiwen, chief executive of the Hong Kong Monetary Authority, said that as the limit of HK $500000 for bank deposit protection in Hong Kong has not changed for many years, the Hong Kong Monetary Authority is studying raising the protection ceiling and plans to consult the market in the second half of the year. Yu Weiwen said that the spillover impact of the banking crisis in Europe and the United States on Asia was very limited and did not put any pressure on Hong Kong banks or aroused the concern of investors and depositors. He stressed that Hong Kong's banking supervision is extremely stringent, with a liquidity coverage ratio of 160%. It is believed that Hong Kong banks have adequate capital buffers.