{"id":27646,"date":"2016-09-28T21:43:21","date_gmt":"2016-09-28T14:43:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/finance-firms-upend-hkmas-lending-caps-on-property-adding-fuel-to-red-hot-market\/"},"modified":"2016-09-28T21:50:46","modified_gmt":"2016-09-28T14:50:46","slug":"finance-firms-upend-hkmas-lending-caps-on-property-adding-fuel-to-red-hot-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/finance-firms-upend-hkmas-lending-caps-on-property-adding-fuel-to-red-hot-market\/","title":{"rendered":"Finance firms upend HKMA\u2019s lending caps on property, adding fuel to red hot market"},"content":{"rendered":"<p>&#013;<br \/>\nTwo finance firms are challenging the Hong Kong Monetary Authority\u2019s mortgage lending caps , offering more financing than current bank loans to attract new borrowers ahead of a possible interest rate increase in December.<br \/>\nConvoy Global Holdings, the largest of Hong Kong\u2019s listed finance firms, and ETC Finance teamed up with Centaline Property Agency, Midland Realty and Ricacorp Properties to lend up to 90 per cent of the value of apartments above HK$8 million, agents said.<br \/>\nFor units&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2023421\/finance-firms-upend-hkmas-lending-caps-property-adding-fuel\" target=\"_blank\">Finance firms upend HKMA\u2019s lending caps on property, adding fuel to red hot market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Two finance firms are challenging the Hong Kong Monetary Authority\u2019s mortgage lending caps , offering&#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-27646","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\/p75ss1-7bU","jetpack-related-posts":[{"id":54115,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-turn-to-finance-companies-as-banks-tighten-mortgage-lending\/","url_meta":{"origin":27646,"position":0},"title":"Hong Kong homebuyers turn to  finance companies as banks tighten mortgage lending","date":"May 9, 2017","format":false,"excerpt":"\r Buyers of new flats seeking to minimise their down payments are increasingly choosing home loans from finance companies, which are beyond the reach of the banking regulator, according to a survey. Centaline Property Agency found that nearly 18 per cent, or HK$2.6 billion, of the estimated HK$14.7 billion in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54893,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-you-be-bearish-on-hk-property-players\/","url_meta":{"origin":27646,"position":1},"title":"Should you be bearish on HK property players?","date":"May 15, 2017","format":false,"excerpt":"\r Ronald Wan, Partners Capital International, says the HKMA's decision to curb lending to developers will affect smaller and medium players the most.\r \r Source : cnbc.com\r Read more...Should you be bearish on HK property players?","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-q3-negative-equity-shrinks-17-hkmas-data-shows\/","url_meta":{"origin":27646,"position":2},"title":"Hong Kong\u2019s Q3 negative equity shrinks 17%, HKMA\u2019s data shows","date":"October 31, 2025","format":false,"excerpt":"\r Hong Kong\u2019s residential property market is displaying signs of improvement in the third quarter, as a crucial barometer of real estate loans showed fewer cases of negative equity. The number of negative equity cases fell 17 per cent to 31,449 at the end of September, from 37,806 at the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-buyers-snap-up-70-per-cent-of-new-homes-on-offer-casting-aside-hkmas-75-point-interest-hike-as-banks-deferred-raising-mortgage-rates\/","url_meta":{"origin":27646,"position":3},"title":"Hong Kong\u2019s buyers snap up 70 per cent of new homes on offer, casting aside HKMA\u2019s 75-point interest hike as banks deferred raising mortgage rates","date":"June 18, 2022","format":false,"excerpt":"\r HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank kept their prime rates unchanged this week, even after the city\u2019s de facto central bank raised its base rate by 75 basis points.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s buyers snap up 70\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/opinion-hkmas-mortgage-curbs-doing-nothing-to-make-property-more-affordable\/","url_meta":{"origin":27646,"position":4},"title":"Opinion: HKMA\u2019s mortgage curbs doing nothing to make property more affordable","date":"May 22, 2017","format":false,"excerpt":"\r The Hong Kong Monetary Authority (HKMA) introduced its eighth round of mortgage tightening rules since October 2009 at the end of last week, and it seems highly likely a ninth round will follow shortly. But while the curbs have done little to stop home prices from rising, the continued\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/loans-stepped-to-small-uk-construction-firms-to-plug-gap\/","url_meta":{"origin":27646,"position":5},"title":"Loans stepped to small UK construction firms to plug gap","date":"August 8, 2017","format":false,"excerpt":"\r The directors of small British construction businesses are lending them more money to plug a funding gap, as banks set tighter lending criteria and major contractors delay payments, a survey showed on Monday. Directors lent companies \u00a338 million ($50 million) in 2015\/16, up from \u00a329.7 million in 2013\/14, said\u2026","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\/27646"}],"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=27646"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}