HK: It’s Time To Wake Up

Posted on by http://wealthcreation.club
🇭🇰 🇭🇰 HK–It’s Time To Wake Up: Close to HK$200 billion of bank loans taken out by the city’s property developers will be due this year, and only 15% of them have been — or are close to being — refinanced, according to HSBC estimates. Some lenders, such as Hang Seng and DBS Group Holdings Ltd., have stepped back from smaller, leveraged landlords

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