A growing number of developers have been skirting bank regulations by providing home loans of up to 95 per cent of the purchase price through wholly owned financial institutions. Photo: Reuters
Developers saddled with HK$1.3 billion in mortgage receivables following home loan push
Topic |
Hong Kong housing
A growing number of developers have been skirting bank regulations by providing home loans of up to 95 per cent of the purchase price through wholly owned financial institutions. Photo: Reuters