News Formal

Hong Kong mortgage relief won't revive weak property market

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

HONG KONG (BLOOMBERG) - The Hong Kong Monetary Authority's move to relax loan rules for the first time in more than a decade is unlikely to provide a significant boost for a commercial property market battered by the coronavirus pandemic and a deep recession.. Read more at straitstimes.com.

HONG KONG - The Hong Kong Monetary Authority's move to relax loan rules for the first time in more than a decade is unlikely to provide a significant boost for a commercial property market battered by the coronavirus pandemic and a deep recession.

"The measure won't turn the market around," though it will provide some support, Ms Wong said."Borrowers are still subject to restrictions like stress tests, and many investors are looking for recovery signs before they make purchases." The decision is aimed at relieving pressure for property owners who are struggling to repay mortgages as rental income declines, said Thomas Lam, an executive director at Knight Frank. The relaxation is unlikely to lead to an explosion of loans or a booming property market, Ms Wong said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Hong Kong: Stocks end shortened trading day lower[HONG KONG] Hong Kong shares finished lower Wednesday as China-US tensions offset hopes that US lawmakers could resume stalled stimulus talks. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »