• Thu
  • Nov 27, 2014
  • Updated: 7:02am


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.

Thursday, 15 November, 2012, 5:02am

Home loan approvals forecast to rebound

Banks' approvals for new home loans may recover at least 50 per cent this month from December as pay rises, improved market sentiment and strong stock market gains encourage more buying, according to property agents and lenders.

New home loan approvals fell 14.9 per cent to HK$13.3 million last month from November, Hong Kong Monetary Authority figures show.

26 Jan 2007 - 12:00am

Mortgage approvals fall amid rate fears

New housing loan approvals fell 9.1 per cent last month to $11.5 billion after jumping 63 per cent in March, as sales in the property market slowed on concerns of further interest rate increases.

Lenders said homebuyers would remain cautious because of the uncertain interest rate outlook and the slumping stock markets.

26 May 2006 - 12:00am

Mortgage lending slumps to lowest level in two years

Holiday hits sales as homebuyers keep hands in pockets and sights on rates

New home loans hit two-year lows last month as the Lunar New Year seasonal slump and interest rate uncertainty kept new homebuyers out of the market.

25 Feb 2006 - 12:00am

Mortgage refinance scheme expanded

Homeowners with negative equity can benefit from an easing of restrictions

Boutique mortgage refinancing firm Pan Asian Mortgage plans to expand a scheme targeting homeowners with negative equity after attracting 1,200 clients in its first year.

24 Jun 2003 - 12:00am

Curbs on yuan refinancing should go, Beijing told

China should relax restrictions barring foreign investors in Chinese power projects from refinancing in local currency as mainland banks are keen to lend to them, according to an industry player.

27 Jun 2002 - 12:00am

Banks welcome negative equity trap scheme

Banks have welcomed the introduction of a Hong Kong Mortgage Corp scheme enabling them to lend up to 140 per cent of a property's market value to help home owners caught in negative equity traps.

15 Jun 2002 - 12:00am

Kerry finalises $4.5b facility

Kerry Properties has finalised its five-year unsecured syndicated loan facility of HK$4.5 billion. The facility, with an interest margin of 0.4 per cent per annum, has a three-year revolving period, with the outstanding amount to be converted to a term loan at the end of the three years.

18 Jan 2002 - 12:00am

Kerry seeks $4.5b loan facility

Kerry Properties has mandated 13 banks to arrange a five-year HK$4.5 billion revolving credit/ term loan facility. The facility will be used for general corporate funding requirements of Kerry and its group companies, including refinancing a syndicated facility concluded in May last year.

28 Dec 2001 - 12:00am

CyberWorks likely to end borrowing

Pacific Century CyberWorks will pay more than US$300 million in interest over the next three years and is unlikely to borrow additional funds, according to bankers close to its loan syndicate.

The Internet company, whose US$4.7 billion refinancing was fully written by five banks on Wednesday, pledged its wholly owned fixed-line business HKT to secure the loan facility.

25 Nov 2000 - 12:00am

HK&S Hotels signs $2.5b term loan facility

Hongkong & Shanghai Hotels has signed a HK$2.5 billion term loan facility with a syndicate of 17 international banks, a record amount for the 130-year-old company. The loan, maturing in 2005, is to refinance convertible bonds due in 2001. The balance will be used for low-cost general corporate funding at a lower cost to the company than present facilities.

30 Jun 2000 - 12:00am

2014 – 15 Principal Standard League

Nov 4
Principal 2:15 NAB BushRangers
Nov 11
Winner Medical Kings 2:6 Verity
Nov 18
Principal vs Verity
Nov 25
Winner Medical Kings vs NAB BushRangers

Full schedule and results

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