{"id":35270,"date":"2016-11-21T21:15:00","date_gmt":"2016-11-21T14:15:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-debt-levels-double-in-a-decade-as-property-boom-takes-its-toll\/"},"modified":"2016-11-22T08:39:35","modified_gmt":"2016-11-22T01:39:35","slug":"hong-kong-debt-levels-double-in-a-decade-as-property-boom-takes-its-toll","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-debt-levels-double-in-a-decade-as-property-boom-takes-its-toll\/","title":{"rendered":"Hong Kong debt levels double in a decade as property boom takes its  toll"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s households are nearly twice as much in debt as they were a decade ago, with grass-roots families earning less than what they spend every month, research by the city\u2019s legislature has found.<\/p>\n<p>A survey released by the Legislative Council research office on Monday also revealed retirees\u2019 inability to support themselves solely with their Mandatory Provident Fund pension savings, emphasising a need to accumulate \u201csubstantial\u201d retirement money to live&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/news\/hong-kong\/economy\/article\/2047988\/hong-kong-debt-levels-double-decade-property-boom-takes-its\" target=\"_blank\">Hong Kong debt levels double in a decade as property boom takes its  toll<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s households are nearly twice as much in debt as they were a decade&#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-35270","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\/p75ss1-9aS","jetpack-related-posts":[{"id":172258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kong-developers-are-adapting-to-the-new-normal-in-the-greater-bay-area\/","url_meta":{"origin":35270,"position":0},"title":"How Hong Kong developers are adapting to the \u2018new normal\u2019 in the Greater Bay Area","date":"July 26, 2026","format":false,"excerpt":"\r Hong Kong developers operating in the Greater Bay Area are having to adapt to the ongoing debt crisis in mainland China\u2019s property sector, which has led to deep and lasting changes in the nature and motivations of their buyers, according to agencies dealing in mainland real estate. Before the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-luxury-flat-in-hong-kong-up-for-sale-over-debt-laden-chinese-conglomerates-inability-to-repay-loan\/","url_meta":{"origin":35270,"position":1},"title":"HNA\u2019s luxury flat in Hong Kong up for sale over debt-laden Chinese conglomerate\u2019s inability to repay loan","date":"August 19, 2021","format":false,"excerpt":"\r A 4,600 sq ft luxury penthouse in Hong Kong, which was previously owned by the debt-laden mainland Chinese conglomerate HNA Group, has been put up for sale by creditors.The fully furnished four-bedroom flat is on the 45th floor of 39 Conduit Road, Mid-Levels, one of the most prestigious addresses\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimaos-founder-offers-to-sell-two-floors-at-the-center-in-hong-kong-as-developer-digs-into-his-own-pockets-to-pare-companys-debt\/","url_meta":{"origin":35270,"position":2},"title":"Shimao\u2019s founder offers to sell two floors at The Center in Hong Kong as developer digs into his own pockets to pare company\u2019s debt","date":"January 18, 2022","format":false,"excerpt":"\r Shimao Group\u2019s founder is putting two floors of the world\u2019s priciest office tower on the market for sale, as even one of China\u2019s more restrained real estate developers digs into his own pockets to pare a looming debt load.Shimao\u2019s founder Hui Wing Mau and his daughter Hui Mei-mei are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-center-forward\/","url_meta":{"origin":35270,"position":3},"title":"Hong Kong property: Center forward","date":"November 7, 2017","format":false,"excerpt":"\r Groups with diversified portfolios and low debt levels stand to benefit the most\r \r Source : ft.com\r Read more...Hong Kong property: Center forward","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-hna-group-pledges-41pc-stake-in-hong-kong-listed-unit-as-collateral-for-loan\/","url_meta":{"origin":35270,"position":4},"title":"Debt-stricken HNA Group pledges 41pc stake in Hong Kong-listed unit as collateral for loan","date":"February 21, 2018","format":false,"excerpt":"\r Debt-laden mainland conglomerate HNA Group has pledged 40.98 per cent of its stake in its Hong Kong-listed Hong Kong International Construction Investment Management Group (HKICIM) to PAG Holdings as security for a loan, according to the company\u2019s disclosure to the Hong Kong stock exchange on Wednesday. The move comes\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flurry-of-china-small-developers-listing-debt-on-hong-kong-board-with-offers-of-high-yields\/","url_meta":{"origin":35270,"position":5},"title":"Flurry of China small developers listing debt on Hong Kong board, with offers of high yields","date":"May 24, 2019","format":false,"excerpt":"\r At least eight mainland developers have filed or plan to file for initial public offerings in Hong Kong \u2013 but in the debt market, where they hope to entice investors with high yield offerings.Most are small-cap property stocks, hardly the darlings of the equity market in Hong Kong. But\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\/35270"}],"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=35270"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35270\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=35270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=35270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=35270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}