The HSBC headquarters in Central, Hong Kong on 4 May 2018. Photo: SCMP/Felix Wong

HSBC raises Hong Kong prime rate for the first time in a decade, ending era of cheap funds

For a typical HK$4 million, 30-year loan, a 12.5-basis point increment raises the monthly payment by HK$288 to HK$15,556, according to mortgage broker mReferral

Topic |   HSBC

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The HSBC headquarters in Central, Hong Kong on 4 May 2018. Photo: SCMP/Felix Wong
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