hong kong banks\ mortgage loans drop slightly in may
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Hong Kong banks\' mortgage loans drop slightly in May

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Emiratesvoice, emirates voice Hong Kong banks\' mortgage loans drop slightly in May

Hong Kong - Yonhap
Hong Kong banks\' home-backed lending dropped slightly on-month in May, officials said Monday, indicating growing caution among buyers as mainland China continues its tightening moves. New mortgage loans drawn in Hong Kong went down last month by 1.4 percent to HK$26.5 billion (US$3.4 billion) compared with April, the Hong Kong Monetary Authority (HKMA) said.

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