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  1. HSBC in pursuit of lion's share

    Posted Nov 17th 2004, 12:00am by Peggy Sito

    ... Peggy Sito Analysts warn that the bank's more aggressive lending strategy could intensify the mortgage war Hong Kong's biggest bank is aggressively building up its share of the local property mortgage market, nine months after its Hong Kong chairman warned of a possible property bubble. HSBC's share of the mortgage market climbed to 14.6 per cent in September ...

    http://www.scmp.com/article/478424/hsbc-pursuit-lions-share
  2. Ah Pak

    Posted Jul 14th 2010, 12:00am by Sandy Li

    ... on the 9th floor- will cost HK$31.11 million or HK$15,811 per sq ft. Buyers of flats worth above HK$20 million will only secure 60 per cent of flat prices as a mortgage loan which will require ... and paying the outstanding balance in cash. He duly shopped around, checking the mortgage terms offered by three banks and finally decided to sign a loan agreement with BOC. The HK$2 million mortgage ...

    http://www.scmp.com/article/719652/ah-pak
  3. In Brief

    Posted Nov 27th 2003, 12:00am by Staff Reporter

    ... to 13 cents due partly to a share buy-back. Mortgage broker expects business to pick up Residential mortgage lending, spurred by an increase in sales activity and capital values, will rise next year for the first time since 1997, according to mortgage broker mReferral Corp. Chief executive Albert Wong said new home loans would increase 77 per cent to $134.5 billion, compared ...

    http://www.scmp.com/article/436060/brief
  4. Hong Kong lenders not expected to follow any US rate reduction

    Posted Oct 27th 2008, 12:00am by Staff Reporter

    ... if margin pressures persist,' he added. Most lenders increased their mortgage rates 50 basis points in July, taking the average cost of a home loan to between 3.25 per cent and 3.5 per cent. ... of measures taken by the world's central banks to restore investor confidence in credit markets. Mr Hung said lenders were under pressure to raise mortgage rates as a result of high funding ...

    http://www.scmp.com/article/657827/hong-kong-lenders-not-expected-follow-any-us-rate-reduction
  5. International buyers beware

    Posted Oct 30th 2009, 12:00am by Mark Armsden

    ... periods. Regarding financing or mortgages for property in Thailand, only a few banks will lend to foreigners, including HSBC, UOB and the Bank of Ayudhaya. 'Foreigners also have to be working legally in Thailand at the time the loans are applied for,' Finch adds. 'The banks that will lend directly to foreigners will do so only for the purchase of condominiums in which ...

    http://www.scmp.com/article/696794/international-buyers-beware
  6. Shanghai tycoon in share price inquiry

    Posted Sep 08th 2003, 12:00am by Jane Moir

    ... Chau Ching-ngai allegedly boosted stock to meet the terms of a $1.7b loan Property tycoon Chau Ching-ngai is suspected of manipulating the share price of locally listed Shanghai Land Holdings to prevent it dropping below a key level set out in his $1.77 billion loan agreement with BOC Hong Kong (Holdings). The Securities and Futures Commission and the Independent Commission ...

    http://www.scmp.com/article/427226/shanghai-tycoon-share-price-inquiry
  7. Poor county's 600m yuan loan to mineral firm raises eyebrows

    Posted Jul 19th 2009, 12:00am by Minnie Chan

    ... county is among the poorest counties in China and its residents earn less than 400 yuan a year. The loan to a mineral company in the county will take up 85 per cent of the government's annual income of 705 million yuan last year. The controversial loan to Anhui Dachang Mineral Industry Group - the largest taxpayer in the county - was approved by the county's People's ...

    http://www.scmp.com/article/687261/poor-countys-600m-yuan-loan-mineral-firm-raises-eyebrows
  8. Investors in bankrupt Zhu Kuan at last to see some money after 11 years

    Posted Jul 06th 2009, 12:00am by Naomi Rovnick

    ... including Bank of America and Deutsche Bank, will recoup just HK$828 million of the HK$4.6 billion they lent Zhu Kuan. Another group of 10 banks, whose loans were secured against land owned by the collapsed investment company and which include Standard Chartered and Societe Generale, are getting a better deal. They owned mortgages worth HK$3.4 billion and the Zhuhai government will pay them ...

    http://www.scmp.com/article/685928/investors-bankrupt-zhu-kuan-last-see-some-money-after-11-years
  9. Gambling 'whale' says US$110m casino debts are really loans

    Posted Aug 27th 2009, 12:00am by Staff Reporter

    ... for granting credit to high-rollers, his 'markers' were, in essence, loans and that he should be given greater leeway in paying them. The Clark county district court has scheduled a hearing ... repayable on demand. His lawyers contends that he had a standing agreement with Harrah's that allowed him at least 60 days to repay markers- terms which made them more akin to loans. Should ...

    http://www.scmp.com/article/690720/gambling-whale-says-us110m-casino-debts-are-really-loans
  10. Eximbank agrees to 10b yuan loan for Chery

    Posted Dec 09th 2008, 12:00am by Kandy Wong

    ... Kandy Wong Anhui-based Chery Automobile yesterday said the Export-Import Bank of China had agreed to a 10 billion yuan (HK$11.27 billion) loan to support the carmaker's export ... the loan can help Chery's export business, it's probably not going to enable it to buy stakes in or assets from troubled carmakers in the United States because it is not enough to fund ...

    http://www.scmp.com/article/663059/eximbank-agrees-10b-yuan-loan-chery

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