A pedestrian in a protective face mask walks past a closed up bakery in Causeway Bay, one of Hong Kong’s main shopping districts. Photo: Winson Wong

Banks tighten scrutiny of mortgage loans to workers as jobs in virus-hit sectors on the line

  • Lenders have become less inclined to approve mortgage applications from borrowers working in the retail and tourism sectors, analysts say
  • Banks see those industries as most vulnerable to job losses as the health crisis crimps demand for their services
Topic |   Hong Kong economy
A pedestrian in a protective face mask walks past a closed up bakery in Causeway Bay, one of Hong Kong’s main shopping districts. Photo: Winson Wong
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