{"id":58274,"date":"2017-06-18T13:52:03","date_gmt":"2017-06-18T06:52:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-banks-are-in-better-shape-than-1997-to-weather-a-property-crash-regulator-says\/"},"modified":"2017-06-18T13:53:29","modified_gmt":"2017-06-18T06:53:29","slug":"hong-kongs-banks-are-in-better-shape-than-1997-to-weather-a-property-crash-regulator-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-banks-are-in-better-shape-than-1997-to-weather-a-property-crash-regulator-says\/","title":{"rendered":"Hong Kong\u2019s banks are in better shape than 1997 to weather a property crash, regulator says"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s banks are better prepared than 20 years ago for a property market crash, even amid the world\u2019s highest real estate prices, because the banking regulator had already forced lenders through eight rounds of mortgage tightening measures, said the Hong Kong Monetary Authority\u2019s chief executive Norman Chan Tak-lam.<br \/>\nWhile \u201cnobody can predict when the next crisis will arrive, Hong Kong\u2019s financial sector is now well prepared for that,\u201d Chan said in an&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2098840\/hong-kongs-banks-are-better-shape-1997-weather-property-crash\" target=\"_blank\">Hong Kong\u2019s banks are in better shape than 1997 to weather a property crash, regulator says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s banks are better prepared than 20 years ago for a property market crash,&#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-58274","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-f9U","jetpack-related-posts":[{"id":56794,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-hong-kongs-property-market-heading-for-its-biggest-crash-since-1997\/","url_meta":{"origin":58274,"position":0},"title":"Is Hong Kong\u2019s property market heading for its biggest crash since 1997?","date":"June 3, 2017","format":false,"excerpt":"\r If history is any guide,the long queues of property buyers at Hong Kong\u2019s Tsuen Wan residential project last weekend could be the harbinger of a bubble in the world\u2019s most expensive housing market. Hundreds of buyers packed into Cheung Kong Property Holdings\u2019 sales office, vying to get a unit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-banking-regulator-concerned-about-credit-risks-linked-to-aggressive-mortgage-lending-by-developers\/","url_meta":{"origin":58274,"position":1},"title":"Hong Kong banking regulator \u2018concerned\u2019 about credit risks linked to aggressive mortgage lending by developers","date":"June 20, 2016","format":false,"excerpt":"\r Hong Kong\u2019s banking regulator has expressed concern over the ultra-accommodative financing schemes offered by some Hong Kong developers to entice home buyers, saying that it is studying whether controls are needed to help offset credit risk.\r \r Source : South China Morning Post\r Read more...Hong Kong banking regulator \u2018concerned\u2019\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-sfc-throws-in-the-towel-on-central-rents-signs-on-for-new-office-space-at-one-island-east\/","url_meta":{"origin":58274,"position":2},"title":"Hong Kong\u2019s SFC throws in the towel on Central rents, signs on for new office space at One Island East","date":"February 13, 2019","format":false,"excerpt":"\r The Securities and Futures Commission (SFC) plans to move out of its Central office to save on rental costs as it forecasts a deficit of HK$230 million (US$29.3 million) for the year ahead. The city\u2019s securities regulator has taken out an eight-year lease in Swire Properties\u2019 One Island East\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-securities-and-futures-commission-should-move-out-of-central-offices-and-heres-why\/","url_meta":{"origin":58274,"position":3},"title":"Hong Kong\u2019s Securities and Futures Commission should move out of Central offices \u2013 and here\u2019s why","date":"February 12, 2018","format":false,"excerpt":"\r Hong Kong\u2019s Securities and Futures Commission might need to move out of Central as it cannot afford to buy its own offices in the prime office district \u2013 the most expensive worldwide. But it should consider moving out of Central anyway, as its peers and the brokers it regulates\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-begins-an-unusual-savings-plan-to-raise-hk1-billion-to-afford-owning-an-office-in-the-worlds-costliest-city\/","url_meta":{"origin":58274,"position":4},"title":"Hong Kong regulator begins an unusual savings plan to raise HK$1 billion to afford owning an office in the world\u2019s costliest city","date":"February 19, 2019","format":false,"excerpt":"\r Hong Kong\u2019s securities regulator has revealed an unusual savings plan, aiming to raise up to HK$8 billion (US$1.02 billion) over eight years to afford owning its own office in the world\u2019s most expensive city.The watchdog, which will relocate its premises to Swire Properties\u2019 One Island East tower in Quarry\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spicy-policies-helped-fortify-hong-kongs-market-save-homeowners-from-negative-equity-trap-defaults-ex-hkma-ceo-chan-says\/","url_meta":{"origin":58274,"position":5},"title":"\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan says","date":"June 20, 2022","format":false,"excerpt":"\r Hong Kong is better prepared today to withstand future financial crises, such as a property market slump, according to former HKMA CEO Norman Chan Tak-lam.\r \r Source : South China Morning Post\r Read more...\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan\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\/58274"}],"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=58274"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58274\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=58274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=58274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=58274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}