• 11/29/2024

Number of Hong Kong mortgage holders with negative equity soars to 20-year high, most since Sars epidemic

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

The number of Hongkongers with negative-equity loans stood at 32,073 in the first quarter of the year, tripling from the previous quarter and the most since some 40,000 cases were recorded in the first quarter of 2004.

https://www.scmp.com/business/banking-finance/article/3260968/number-hong-kong-mortgage-holders-negative-equity-soars-20-year-high-most-sars-epidemic?utm_source=rss_feed