HSBC has today announced that it will be dropping its two, three, four and five year fixed home loan rates, with immediate effect. The new two year rate is 5.87%p.a. – a reduction of 23 basis points and a market leading rate among major banks. (read the rest of the story…) Related items H.K....
Hong Kong raised minimum downpayments for home buyers, signaling no let-up in a 20- month campaign to cool prices even after sales slowed and a land auction raised less than estimates. (read the news…) Related items Hong Kong Builders to Push Sales, Sell Shares as Loan Costs Rise Hong Kong Developers Signal Slowing Price...
Hong Kong Monetary Authority may ask some banks to set aside more reserves, the latest step by the Chinese city to curb credit growth and prevent loan defaults, after borrowing surged and mortgage rates advanced. (read the news…) Related items Hong Kong May Ask Lenders to Set Aside More Reserves on Risks Hong Kong...
A roundup of the latest syndicated loan market news. (read the rest of the story…) People who looked at this item also looked at… Hong Kong opener is a ‘must-win’ encounter Stanley Gibbons plans Hong Kong investment office Neverblue Opens Hong Kong Office to Meet Client Demand in Asia Li’s Hutchison to end 3G...
