Mortgage | South China Morning Post
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  • Feb 1, 2015
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Mortgage

HK Mortgage Corp reports record profit

The Hong Kong Mortgage Corp yesterday reported a record full-year net profit of HK$1.26 billion.

Thursday, 12 January, 2012, 12:00am

Time to relax rules for first-time buyers, BOC says

Banks should consider a modest easing in lending to first-time homebuyers and increase support for government-subsidised housing to limit the risk from the weakening property sector, Bank of China economists said yesterday.

29 Dec 2011 - 12:00am

Property market in crisis

The mainland property market is in meltdown and the damage is spreading, not only to consumers but across the mainland's economy and, perhaps, internationally as well.

29 Dec 2011 - 12:00am

Tinkering with loan controls won't help property market

It seems there has been some confusion recently in Hong Kong's policymaking circles.

Just four weeks ago, Financial Secretary John Tsang Chun-wah was still worried about the dangers of a property market bubble, telling Legislative Council members that prices had not yet fallen to a 'satisfactory level'.

19 Dec 2011 - 12:00am

HKMA to review mortgage policies

The Hong Kong Monetary Authority will review its restrictive mortgage policies in light of the falling property market, but it has no immediate plans to relax them, said its chief executive Norman Chan Tak-lam yesterday.

10 Dec 2011 - 12:00am

Government ready to unwind curbs

Financial Secretary John Tsang Chun-wah yesterday signalled the government is prepared to unwind steps to cool down the property market if prices continue falling. The euro-zone debt crisis and global slowdown have unnerved investors.

9 Dec 2011 - 12:00am

MORTGAGE SLOWDOWN

Mortgage consulting company mReferral expects the total value of mortgages from banks for this year will be about HK$228 billion, lower than the HK$324 billion for 2010, as a result of the quieter market in the second half.

9 Dec 2011 - 12:00am

'SOFT landing'

A year after the implementation of the special stamp duty (SSD) on residential properties at the point of resale, Financial Secretary John Tsang Chun-wah says the property market may have achieved a 'soft landing'.

9 Dec 2011 - 12:00am