As recession takes hold, Hong Kong banks worry about risk of easier mortgage rules

Credit: WorldNews- Published on November 14, 2019
By Clare Jim and Sumeet Chatterjee HONG KONG (Reuters) - Even as Hong Kong has reduced down-payment requirements to help young professionals and families to buy homes, banks are beefing up mortgage application standards to ensure that a recession does not saddle them with bad loans, bankers and mortgage brokers said. Last month,...
Advertisement

Credit: Reuters - Politics
Published on November 15, 2019 -  02:15
Hong Kong tips into recession amid protests
Hong Kong announced its economy has tipped into recession for the first time in a decade, as the financial hub braced for another weekend of anti-government protests. Lucy Fielder reports.

You are here

Recent related videos from verified sources

Hong Kong's cardboard grannies 03:10
Credit: BBC World News - Affiliate - Published 15 hours ago 


This blind lawyer counsels Hong Kong's front lines 02:20
Credit: Reuters Studio - Published 19 hours ago 


Opera singer performs unofficial Hong Kong anthem to thousands of protesters 02:58
Credit: Newsflare - Published 1 day ago 


Hong Kong cabinet reshuffle not a priority, Lam says 01:41
Credit: Reuters - Politics - Published 4 days ago 


HK journalist seeks justice after losing right eye 01:52
Credit: Reuters Studio - Published 4 days ago 


Journalist shot by HK police seeks justice 01:52
Credit: Reuters Studio - Published 4 days ago 


Hong Kong: 'The streets are full once again' 01:19
Credit: BBC World News - Affiliate - Published 4 days ago 


Timelapse footage captures thousands of Hongkongers marching to mark 6 months of protests 00:25
Credit: Newsflare STUDIO - Published 4 days ago 


China makes propaganda game that lets you hit HK protesters 01:14
Credit: TomoNews US - Published 5 days ago 


Why Hong Kong’s Protests Exploded 10:05
Credit: The New Yorker - Published 5 days ago 


You might like