• Thu
  • Aug 21, 2014
  • Updated: 10:19pm

Mortgage Loan

Hang Seng expects drop in new mortgage loans

Nixon Chan Lik-sang, the head of retail banking and wealth management at Hang Seng, expects the bank's mortgage business to be in line with the market's performance, "but it will surely fall short of our target set last year, before the government rolled out the fresh measures in February".

Friday, 19 April, 2013, 4:05am

Q & A with our experts, March 27, 2013

Q: I planned to buy a flat. I heard that buyers have to face a tougher stress test under the new cooling measures released by the government. I'm wondering how it affects my purchase plan.

28 Oct 2013 - 11:41am

Oi Wah Pawnshop could be a sign of the times

The initial public offering by Oi Wah Pawnshop Credit is tiny at just HK$98 million. But just for being the first pawnshop in Hong Kong to go boldly where no pawnshop has gone before, it has attracted the attention of investors. The IPO was 1,085 times oversubscribed and shares surged 34 per cent on the first day of trading on Tuesday. But the share price plunged almost 7 per cent yesterday as the broader markets fell.

14 Mar 2013 - 2:59am

IPO by pawnshop chain designed to grow mortgage loans

Oi Wah Pawnshop Credit started its mortgage business in 2009, with mortgage loans surging to HK$67 million in November last year from HK$4 million in February 2010.

28 Feb 2013 - 5:02am

Opus tenant cancels deal to rent for HK$850k a month

A tenant who agreed to pay HK$850,000 a month for a 6,000-square-foot duplex flat at Opus Hong Kong on Stubbs Road near the Peak has cancelled the deal amid tightening housing policies that have curbed property demand.

18 Dec 2012 - 2:58pm

The great attraction of cash extraction

It's still too early for any hard numbers telling us about the impact of the latest government measures aimed at making Hong Kong property more affordable for local buyers.

15 Nov 2012 - 5:02am

British property prices make rebound from post-Olympic slump

British house prices rose for the first time in five months in October as the market rebounded from a post-Olympic slump, research consultancy Acadametrics said.

14 Nov 2012 - 3:22am

Australia home-loan approvals gain in September after rate cuts

Australian home-loan approvals rose in September for a second month as buyers responded to the central bank's interest-rate cuts.

14 Nov 2012 - 3:22am

New leaders in Beijing face tough decision on property

The prospect of a housing surge is fraying mainland policymakers' nerves.

7 Nov 2012 - 3:16am

Lloyds haunted by loans insurance problems

Lloyds Banking Group, Britain's biggest mortgage lender, posted a third-quarter loss after setting aside an extra £1 billion (HK$12.4 billion) to compensate clients mis-sold loan insurance.

2 Nov 2012 - 5:30am

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