Residential Mortgage Survey Results for May 2017

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for May 2017. The number of mortgage applications in May increased month-on-month by 13 ... ( read original story ...)

Hong Kong Faces a Year of Hardship, If History Has Its Say

The Hong Kong Monetary Authority has warded off speculation with measures like a 15% tax for non-residents and another 15% tax on quick sales. It has made mortgage restrictions extremely tight. There's virtually no overborrowing, and if prices do dip ... ( read original story ...)