A bank staff shows brand new banknotes on the left and 'Good' as new banknotes on the right at the HSBC Building in Mong Kok on January 17, 2017. Photo: SCMP/ Felix Wong

Hong Kong raises base rate fourth time in 13 months, gets a shrug from markets and borrowers

Hong Kong’s banks kept their prime rates unchanged, homes changed hands at record prices, and the stock market was little changed.

Topic |   Hong Kong Monetary Authority (HKMA)

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A bank staff shows brand new banknotes on the left and 'Good' as new banknotes on the right at the HSBC Building in Mong Kok on January 17, 2017. Photo: SCMP/ Felix Wong
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