Why Hong Kong banks are reluctant to follow US in hiking rates

The second reason is the soft demand for mortgage loans and thus keen competition among banks for such business. Since the financial crisis, the Hong Kong government has launched eight rounds of counter-cyclical measures to cool the housing market.
( read original story …)


Related Post

HK$6 billion in scammed funds transferred through ...
views 13
Close to HK$6 billion (US$768 million) swindled fr...
Hong Kong’s race with Singapore to be Asia’s data ...
views 16
Hong Kong’s biggest and last remaining piece of la...
Hong Kong’s housing developers and landlords could...
views 19
Hong Kong’s housing developers and major landlords...
Hong Kong on track for global IPO crown
views 23
Hong Kong is on course to take the global IPO crow...
Hong Kong IPOs to raise HK$100 billion less in 201...
views 25
Seven companies listed in Hong Kong slashed their ...
China’s Tencent Music raises nearly $1.1 bil...
views 23
NEW YORK/HONG KONG (Reuters) - China-based music s...
WuXi AppTec Lists H Shares on the Hong Kong Stock ...
views 23
The Hong Kong IPO will be used to enhance the Comp...
Hong Kong: HANG SENG INDEX (.HSI) market participa...
views 24
Hong Kong stocks rose on Wednesday as market parti...
Hong Kong shelves ETF Connect scheme with China du...
views 23
It will need a very long period of discussion to e...
Investors are still optimistic about Hong Kong des...
views 23
The start-ups employed a total of 9,548 people, a ...