Despite improvements, the proportion of overdue B2B invoices and that of uncollectable B2B receivables in Hong Kong remain some of the highest in Asia Pacific.
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Due to deteriorated results and margins, as well as increased payment delays and insolvencies our underwriting stance remains restrictive for the sector.
The proportion of domestic and foreign past due B2B invoices in Hong Kong (domestic: 50.0%; foreign: 50.3%) is higher than that recorded at regional level.