Reuters in Hong Kong and Jeanny Yu

Latest from Reuters in Hong Kong and Jeanny Yu

HKMA curbs home loans to prevent property bubble after US stimulus

The HKMA on Friday ordered banks to curb home loans to borrowers with more than one mortgage to prevent the city being flooded with hot money after the US unveiled a bold new stimulus plan.

26 Jan 2018 - 4:12PM

The HKMA on Friday ordered banks to curb home loans to borrowers with more than one mortgage to prevent the city being flooded with hot money after the US unveiled a bold new stimulus plan.

HKMA curbs home loans to prevent property bubble after US stimulus