Hong Kong’s drawndown mortgage loans in March rise 17.8% m/m

HONG KONG: New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 March Feb M/M ... ( read original story ...)

Is Hong Kong Realty Peaking?

It’s a favorite topic in Hong Kong’s traditional cha chaan teng , or tea shops: How much higher can property prices go? Housing in the Asian finance hub is already the world’s most unaffordable, having surged nearly 200% since the financial crisis in ... ( read original story ...)

HK-Champagne deal signed

Secretary for Commerce & Economic Development Gregory So has signed a deal to boost Hong Kong's wine business with Champagne, France. The deal will facilitate co-operation in wine education and training, culinary arts, tourism and trading activities. ( read original story ...)