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  • November 26, 2014
  • Last updated: 4:45am
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Results 1 - 4 of 4 for mortgage loan

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  1. Pre-sales banned on flats in Shenzhen

    Posted Apr 02nd 2005, 12:00am by Elaine Chan

    ... investment destination for Hongkongers, is the latest mainland city to introduce further measures after Beijing raised mortgage loan down-payment ratios on March 17 and this week ordered local governments to stabilise property prices or be held responsible. On Tuesday, 16 Shanghai banks united to ban mortgage loans on flats that were being put on the market less than a year after purchase ...

  2. Banks unite to combat speculators

    Posted Mar 30th 2005, 12:00am by Elaine Chan

    ... Elaine Chan Shanghai lenders slap ban on loans for flats sold within a year of purchase to cool overheating market Sixteen Shanghai banks have slapped a voluntary ban on new mortgages ... to 'further tighten management of individual mortgage loans', also said they would raise down-payment ratios to prohibitively high levels on second and third property purchases by the same ...

  3. Housing alarm bells to keep ringing

    Posted Apr 07th 2005, 12:00am by Elaine Chan

    ... regions, where prices in some of the bigger cities such as Shanghai and Hangzhou have skyrocketed. Overall though, CASS said investment would fall as banks tightened mortgage lending to quell ... their reliance on bank loans, CASS said. Such shake-ups are expected to raise transparency in the industry, which has long been a hotbed for kickbacks for officials. Since the State Council's stern ...

  4. Drought amid plenty for rural financing

    Posted Oct 29th 2007, 12:00am by Elaine Chan

    ... Many small businesses and farmers are struggling as they find it difficult to get loans, writes Elaine Chan Thanks to a little bit of extra cash, Niu Jianxin has tasted the fruits of small ... project initiated by a State Council-backed think-tank. With a 2,000-yuan loan, the father of two has been able to develop his business but needs more money to expand his year-old operation ...



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