HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank kept their prime rates unchanged this week, even after the city’s de facto central bank raised its base rate by 75 basis points.
Source : South China Morning Post
Read more…Hong Kong’s buyers snap up 70 per cent of new homes on offer, casting aside HKMA’s 75-point interest hike as banks deferred raising mortgage rates
