Sunday, May 26, 2013   

Hang Seng to lift mortgage rates
(03-14 18:24)

Hang Seng Bank will raise its lending rate on new mortgage loans by 25 basis points from tomorrow. The decision follows similar moves yesterday by HSBC and Standard Chartered Bank.
The Monetary Authority last month raised the cost to lenders of issuing such loans as part of broader measures to cool home prices.

   
Other Hong Kong breaking news:
Iris Tam leads Urban Renewal Authority temporarily (05-24 16:48)
Govt admits rail project behind schedule (05-24 15:29)
Bail denied to three charged over HKMEx scandal (05-24 13:50)
Timothy Tong admits high volumes of booze buys (05-24 13:46)
Hang Seng falls by break (05-24 12:46)
Driver killed as lorry rolls forward (05-23 16:53)
Bangladeshi owner built deadly building on swamp (05-23 16:30)
Chim Pui-chung urges Barry Cheung to explain HKMex case (05-23 16:10)
'Mad Dog' refuses to stay in party (05-23 16:07)
Polieman convicted of graft charges (05-23 14:58)

More breaking news >>

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