Now on their second week, massive protests in Hong Kong continued to pressure its leaders to step down and revoke a contentious extradition bill – which might lead to a significant number of expats ... ( read original story ...)
6,000 apply for Mortgage Corp annuity plan
Edmond Lau Ying-pan, executive director and chief executive of HKMC Annuity, wholly-owned by The Hong Kong Mortgage Corporation, said more than 6,000 applications have been received for the annuity ... ( read original story ...)
Hong Kong’s interbank lending rate soars to 10-year high
Still, analysts said that higher funding costs could add further pressure on Hong Kong’s economy, where growth slowed to 0.6 per year on year in the first quarter. The majority of mortgages in the ... ( read original story ...)
Mortgage arrears rate at highest rate since GFC, says Reserve Bank mogaznewsen
The murder that triggered the Hong Kong protests mogaznewsen - Tuesday 18th June 2019 01:59 AM From the Archives, 1985: Four police shot in Melbourne manhunt mogaznewsen - Tuesday 18th June 2019 01:59 ... ( read original story ...)
Hong Kong’s housing market doomed to retreat as trade war deepens, says Credit Suisse
In Hong Kong, retail sales fell 4.5 per cent in April, reflecting the third straight month of decline. Meanwhile, Hibor has risen to 2 per cent, compared to an average of 0.5 per cent in the past 10 ... ( read original story ...)
Hong Kong’s Love of Property Not Dimmed by Massive Protests
Even some of the biggest protests in Hong Kong’s history can’t damp the city’s love of property. While an estimated 2 million people -- more than a quarter of the population -- took to the streets ... ( read original story ...)
Hong Kong’s extradition turmoil won’t dampen the property market greatly – but China’s economy might
As a keen observer of global markets, I have learned not to be dismissive of political risks, especially those that are downplayed by investors yet have the potential to affect sentiment significantly ... ( read original story ...)