Bank of China (Hong Kong)

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18 Hong Kong banks join forces to help SMEs weather financial storm

A dozen banks have joined six major lenders in Hong Kong to provide financial support for small and medium-sized enterprises…

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HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Hong Kong’s largest banks are likely to offer new mortgages to ease the burden on homebuyers amid elevated interest rates,…

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Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the US Federal Reserve, taking a breather…

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Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors

Hong Kong lenders, intent on enticing visitors from mainland China to open new accounts during the Lunar New Year festive…

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Hong Kong’s property market to maintain momentum after deals hit 3-year high

Hong Kong’s property transactions are expected to gather pace after hitting a three-year high in 2024 on the back of…

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Hong Kong rental yields to pick up momentum in 2025 amid talent-scheme influx, lower rates

Rental yields for Hong Kong residential properties are expected to pick up some momentum next year after receding in October,…

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Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords

Hong Kong’s office property market is likely to see more distressed sales in the medium term, as banks will need…

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Hong Kong property outlook clouded by Trump, rate uncertainty despite November price rise

Hong Kong’s home prices and rents moved in opposite directions last month, with market observers saying uncertainty over the interest…

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HKMA picks 10 banks, 4 tech firms as Hong Kong evaluates commercial benefits of GenAI

The Hong Kong Monetary Authority has picked 10 banks and four technology partners to test more than a dozen use…

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Hong Kong rental yields hit 12.5-year high on talent-scheme influx, lower rates

Rental yields for Hong Kong residential properties have hit the highest level in more than a dozen years and are…

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