Energy leads U.S. stock indexes to a mostly higher finish

Lower bond yields mean banks have to charge lower interest rates on long-term loans like mortgages. Several health care companies ... the S&P downgraded the credit rating for China and Hong Kong. Japan’s benchmark Nikkei 225 slipped 0.3%, while South ... ( read original story ...)

Non-bank mortgage loans a time bomb in the making

Recent market studies have shown a rapid increase in non-bank mortgage lending as home prices continued to surge. The Hong Kong Monetary Authority, the city's de facto central bank, has issued some warnings about the high cost of non-bank loans but has yet ... ( read original story ...)

The Hong Kong Housing Market: A Bubble About to Burst?

However, low-interest rates and reduced credit underwriting standards have encouraged mortgages, fueling demand. Currently, at this stage of Hong Kong’s economic environment, many critics predict the bursting of the housing bubble as prices continue to ... ( read original story ...)

Top Hong Kong developer’s property sales slip amid market boom

HONG KONG -- Hong Kong's largest developer by market capitalization, Sun Hung Kai Properties, booked 17% less in property sales at home for the year ended in June, despite a red-hot housing market where prices show no signs of abating. Property sales in ... ( read original story ...)

DBS Hong Kong launches VR mortgage app

DBS Bank (Hong Kong) has launched DBS Home360, a banking mortgage app in Hong Kong to leverage the power of real(i)ty, to change the way people embark on one of the most important decisions of their lives – buying a home. Partnering with realtor Century ... ( read original story ...)