• Wednesday
  • July 30, 2014
  • Last updated: 10:08am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 67 for subprime mortgages

Related topics matching your search

Search results

  1. Beijing uses new tools to fight loan growth

    Posted Jan 07th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih Beijing will not set a loan target for banks this year as it attempts to balance inflation control with maintaining job-creating economic growth. The mainland has announced annual loan growth targets in previous years to control overheating i ...

  2. Agricultural Bank expects to beat profit target after 40pc first-half rise

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Jane Cai in Beijing Agricultural Bank of China, the country's third-largest lender by assets, expects net profit to continue rising in the second half of the year as assets and margins expand. Full-year earnings are expected to top the 82.9 billion y ...

  3. Lenders told to review risks of loans to government financing arms

    Posted Mar 09th 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Shanghai's banking regulator said local lenders must reassess the risks of loans they have made to government financing arms, the latest sign that the mainland's mammoth stimulus package of last year is backfiring. The Sha ...

  4. PBOC vows to maintain moderately loose policy

    Posted Jul 31st 2009, 12:00am by Staff Reporter

    ... Jane Cai in Beijing The mainland's central bank pledged to maintain a 'moderately loose monetary policy' and ruled out administrative lending curbs after the stock market succumbed to a selling frenzy on Wednesday. The People's Bank of ...

  5. Loan and sales surge buoys mood

    Posted Apr 09th 2008, 12:00am by Chloe Lai, Peggy Sito

    ... being lured back into the market were easier rules on mortgage lending for second home purchases last month and an increase in sales transactions in some cities. Also helping to boost sentiment, ... mortgage down payments and repayment rates. In October last year, the central government raised the minimum down payment required for investors who already owned a property, and ordered banks ...

  6. HK home sales at six-year low

    Posted Nov 23rd 2011, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Home sales in Hong Kong fell to six-year lows last week following fears arising over a new round of mortgage rate rises when Standard Chartered Bank raised ... and some analysts expect further mortgage rate increases in the months ahead of up to one percentage point. Secondary market sales for the week to Sunday felled 6 per cent to 124 in the 50 largest ...

  7. BUY luxury

    Posted Oct 14th 2011, 12:00am

    ... the drastic fall in registrations to a combination of government directives to tighten the mortgage loan market in June, rising interest rates for mortgages and the lower than expected land auction ... rates. 'Of course, with the 50 per cent mortgage ceiling, many speculators have exited the market, so it's the best time to enter the luxury home market. In the past, this market ...

  8. Everbright Bank posts 7.7b yuan record profit

    Posted Jan 22nd 2009, 12:00am by Staff Reporter

    ... of June after Central Huijin Investment injected US$20 billion into the bank, and will exceed 10 per cent after the issuance of 5 billion yuan in subprime bonds. Bright outlook Earnings ...

  9. Banks more willing to lend to homes sector

    Posted Dec 17th 2011, 12:00am

    ... according to Alan Jin, head of regional property research at Mizuho Securities Asia. In cities such as Beijing, Shanghai, Guangzhou and Xiamen, banks have reportedly slightly eased mortgage lending ... banks now charge first-time homebuyers mortgage rates above the benchmark lending rate, said Alan Chiang Sheung-lai, of property consultant DTZ. 'When liquidity was very tight two months ...

  10. Special offers lure property buyers

    Posted Apr 04th 2006, 12:00am by Peggy Sito

    ... the month was $19.8 billion, up 45.7 per cent from February but down 25.6 per cent from March last year. Property agents said banks in February launched aggressive mortgage incentive plans ... the pressure of interest rate rises on the home market would ease if more banks continued their preferential mortgage offers. HSBC, which fired the first salvo in February by offering mortgages at 2.75 ...




SCMP.com Account