{"id":120987,"date":"1970-01-01T07:00:00","date_gmt":"1970-01-01T00:00:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/120987\/"},"modified":"2021-07-21T19:35:40","modified_gmt":"2021-07-21T12:35:40","slug":"120987","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/120987\/","title":{"rendered":""},"content":{"rendered":"<p>&#013;<br \/>\nHSBC,\u00a0Industrial and Commercial Bank of China (Asia) and other major banks in the city have stopped offering mortgage loans for unfinished flats built by heavily indebted property developer China Evergrande in Hong Kong, according to people familiar with the matterThe U-turn on mortgage lending by several banks came after a creditor in eastern China won a court order this month to freeze 132 million yuan (US$20 million) in assets held by the Shenzhen-based developer, raising additional concerns\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3141983\/hsbc-icbc-asia-among-hong-kong-banks-stop-offering-mortgage-loans?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; HSBC,\u00a0Industrial and Commercial Bank of China (Asia) and other major banks in the city have&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120987","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/s75ss1-120987","jetpack-related-posts":[{"id":138602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-seeks-to-ease-household-pressure-free-up-spending-power-by-pushing-banks-to-lower-mortgage-rates\/","url_meta":{"origin":120987,"position":0},"title":"China seeks to ease household pressure, free up spending power by pushing banks to lower mortgage rates","date":"August 2, 2023","format":false,"excerpt":"\r Authorities say they will continue to \u2018support the stable and healthy growth of the property market\u2019 amid China\u2019s overall economic slowdown, with one pledge to ask commercial banks to lower mortgage rates for existing borrowers.\r \r Source : South China Morning Post\r Read more...China seeks to ease household pressure,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ubs-among-big-banks-to-have-cut-exposure-to-china-evergrande-as-outlook-worsens-for-debt-stricken-developer\/","url_meta":{"origin":120987,"position":1},"title":"HSBC, UBS among big banks to have cut exposure to China Evergrande as outlook worsens for debt-stricken developer","date":"September 24, 2021","format":false,"excerpt":"\r Big banks and fund managers have been heading for the exit and reducing their exposure to China Evergrande Group in recent weeks as the outlook has soured for the world\u2019s most indebted property developer.As a result, many financial companies sought to reassure investors and downplay their exposure as questions\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124778,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-hunters-in-mainland-china-come-off-the-sidelines-as-banks-lower-mortgage-rates\/","url_meta":{"origin":120987,"position":2},"title":"House hunters in mainland China come off the sidelines as banks lower mortgage rates","date":"March 2, 2022","format":false,"excerpt":"\r House hunters in China have been coming off the sidelines to take the plunge, tempted by big monthly savings as mortgage rates have dropped across the country.Wang Ning and his wife finally decided to buy a 3 million yuan (US$480,000) two-bedroom home in Nanjing\u2019s downtown when they found the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hong-kong-banks-report-third-quarter-results-as-concerns-swirl-over-worlds-most-indebted-developer\/","url_meta":{"origin":120987,"position":3},"title":"Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world\u2019s most indebted developer","date":"October 25, 2021","format":false,"excerpt":"\r Investors will be looking for any warning signs in the mainland lending portfolios of Hong Kong\u2019s banks as they prepare to report their third-quarter results against the backdrop of rising concerns about China Evergrande Group\u2019s debt crisis and its potential effects on China\u2019s property sector.HSBC will be the first\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96697,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-lures-buyers-to-cullinan-west-ii-project-with-lower-prices-mortgage-offers\/","url_meta":{"origin":120987,"position":4},"title":"Sun Hung Kai lures buyers to Cullinan West II project with lower prices, mortgage offers","date":"August 26, 2018","format":false,"excerpt":"\r Hong Kong\u2019s biggest developer lowered its prices as it put a batch of new flats on sale in Kowloon on Sunday, the latest sign the tide may be turning in the world\u2019s most expensive property market. Sun Hung Kai Properties also offered favourable financing terms for the tranche of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-hong-kong-unit-sees-strong-sales-in-tai-po-project-despite-mortgage-concerns\/","url_meta":{"origin":120987,"position":5},"title":"China Vanke\u2019s Hong Kong unit sees strong sales in Tai Po project despite mortgage concerns","date":"March 15, 2025","format":false,"excerpt":"\r The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.\r \r Source : South China Morning Post\r Read more...China Vanke\u2019s Hong Kong unit sees strong sales in Tai Po project despite mortgage concerns","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120987"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120987"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}