Consumer Lending in Hong Kong, China - New Report Available
Hong Kong's residential property market became more active in 2014. The government remained vigilant and took measures to resist rising house prices and mortgage balances. A seventh round of prudential measures on mortgage lending was introduced by the Hong Kong Monetary Authority in 2009, further lowering the loan-to-value limit offered by Authorized Institutions. Household indebtedness reached an historic high, largely attributed to lower interest rates and strong demand for small-sized...
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