• 11/26/2024

Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers and offices to bolster city’s ailing property market

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The relaxation by the de facto central bank followed today’s move by Hong Kong’s Financial Secretary Paul Chan Mo-po to abolish a wide swathe of decade-old curbs on the city’s housing sector.

https://www.scmp.com/business/article/3253467/hong-kong-relaxes-lending-rules-granting-more-mortgage-loans-homes-below-hk30-million-bolster?utm_source=rss_feed