{"id":49374,"date":"2017-03-24T10:29:20","date_gmt":"2017-03-24T03:29:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/unionpay-bars-chinese-buyers-from-swiping-for-hong-kong-property\/"},"modified":"2017-03-24T10:39:22","modified_gmt":"2017-03-24T03:39:22","slug":"unionpay-bars-chinese-buyers-from-swiping-for-hong-kong-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unionpay-bars-chinese-buyers-from-swiping-for-hong-kong-property\/","title":{"rendered":"UnionPay bars Chinese buyers from swiping for Hong Kong property"},"content":{"rendered":"


\nUnionPay, China\u2019s biggest interbank payments platform, has barred its Chinese customers from using its transaction system to shop for property in Hong Kong, in the latest show of tightening capital controls on the mainland.
\nAny card with the UnionPay logo issued on the mainland will no longer be usable to put down a registration payment for Hong Kong apartments, according to several agents.
\n\u201cWe received guidance that holders of China-issued UnionPay cards can\u2019t buy properties…
\n
\nSource : South China Morning Post
\nRead more…UnionPay bars Chinese buyers from swiping for Hong Kong property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UnionPay, China\u2019s biggest interbank payments platform, has barred its Chinese customers from using its transaction...<\/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-49374","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-cQm","jetpack-related-posts":[{"id":32539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-housing-markets-in-waitn-see-mode-after-beijing-taps-shut-key-channel-of-capital-outflows\/","url_meta":{"origin":49374,"position":0},"title":"Hong Kong\u2019s office, housing markets in wait\u2019n see mode after Beijing taps shut key channel of capital outflows","date":"November 1, 2016","format":false,"excerpt":"\r The decision by UnionPay to ban customers from using its service to buy investment-related insurance policies in Hong Kong could crimp the demand for office space and housing in the city, according to analysts. \u201cGiven that insurance is one of the very few subsectors that have been growing steadily\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-mainland-chinese-buyers-still-in-the-mood-for-loving-hong-kong-homes\/","url_meta":{"origin":49374,"position":1},"title":"Are mainland Chinese buyers still in the mood for loving Hong Kong homes?","date":"May 28, 2023","format":false,"excerpt":"\r Recent data and trends, as well as anecdotal evidence, all point to mainland Chinese buyers going beyond Hong Kong in search of new property investments.\r \r Source : South China Morning Post\r Read more...Are mainland Chinese buyers still in the mood for loving Hong Kong homes?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-the-reason-mainland-china-buyers-converge-in-hong-kong\/","url_meta":{"origin":49374,"position":2},"title":"This is the reason mainland China buyers converge in Hong Kong","date":"August 11, 2016","format":false,"excerpt":"\r Buyers from the mainland are buying residential land in the Chinese SAR in a big way Central district in Hong Kong. Image credit: IQRemix (Flickr) Fears of a devalued yuan have seen buyers from mainland China pour HKD58 billion (USD7.5 billion) on residential land and office building acquisitions in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-to-rise-in-2026-on-the-back-of-mainland-chinese-buyers-rate-cut\/","url_meta":{"origin":49374,"position":3},"title":"Hong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut","date":"December 10, 2025","format":false,"excerpt":"\r Hong Kong home prices are likely to see up to a 5 per cent boost in 2026 on the back of mainland Chinese buyers, interest rate cuts and fewer unsold new flats, according to analysts. In addition, the stamp duty adjustment and Hong Kong\u2019s resurgent stock market were also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-stayed-off-hong-kong-property-as-yuan-weakened\/","url_meta":{"origin":49374,"position":4},"title":"Mainland Chinese buyers stayed off Hong Kong property as yuan weakened","date":"November 16, 2016","format":false,"excerpt":"\r The share of mainland Chinese buyers in Hong Kong\u2019s luxury residential property transactions declined in the third quarter, according to data by Centaline Property Agency, as the yuan weakened against the city\u2019s dollar-pegged currency. Mainland Chinese made up 15.8 per cent of buyers during the quarter, 5.5 percentage points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142893,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-thronging-to-hong-kong-property-sales-in-search-of-returns-after-removal-of-curbs-industry-insiders-say\/","url_meta":{"origin":49374,"position":5},"title":"Mainland Chinese buyers thronging to Hong Kong property sales in search of returns after removal of curbs, industry insiders say","date":"March 5, 2024","format":false,"excerpt":"\r The removal of all property sector cooling curbs in Hong Kong has sparked immediate interest among mainland Chinese buyers, who still perceive real estate in the city as a lucrative investment option, industry insiders said.\r \r Source : South China Morning Post\r Read more...Mainland Chinese buyers thronging to Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49374"}],"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=49374"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49374\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}