SVB's fall creates some ripples in China, but investors see "limited impact"

SVB's fall creates some ripples in China, but investors see "limited impact"

FILE PHOTO: Destroyed SVB (Silicon Valley Bank) logo is seen in this illustration taken March 13, 2023. REUTERS/Dado Ruvic/Illustration

Depositors and fund managers in Greater China are currently making efforts to calm a startled market saying the implosion of the Silicon Valley Bank (SVB) in the US will only have a limited impact on the local market.

Edited by: Pramod Mathew