LATEST
Mon, Sep 7, 2026
Loading weather...
World

Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend

Hong Kong landlords and property industry figures are accusing banks of deepening the city’s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financ...

Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend
Source: SCMP - World

Hong Kong landlords and property industry figures are accusing banks of deepening the city’s shop slump by pulling back from commercial mortgages, leaving more potential buyers unable to secure financing even though property values have fallen sharply

. Shop buyers were increasingly being turned away, even though Hong Kong’s residential market had gained momentum this year and banks were competing for mortgage borrowers, they said. Shih Wing-ching, founder of Centaline Property, said banks tended...

SOURCE: SCMP - World
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
Have feedback on this article?Report error or suggestion

Read More from World

Saxony-Anhalt election delivers a blow to Merz and a warning to Europe

BERLIN, Sept 7 - The far-right AfD's triumph in the eastern state of Saxony-Anha...

Read Article »

DPRK, Russia to strive for new results in cooperation — North Korean premier

The ceremony marking the completion of construction of a road bridge across the ...

Read Article »

University of Hong Kong suspends professor over past sexual misconduct in Canada

A professor at Hong Kong’s oldest medical school has been suspended from clinica...

Read Article »
Return to Front Page

5 minutes. The news that matters.

Get the most important stories of the day, without having to browse hundreds of articles.