Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

StanChart Says Hong Kong Mortgage Rates May Rise, HKEJ Reports

Oct. 22 (Bloomberg) -- Hong Kong mortgage rates may rise on increasing capital costs, the Hong Kong Economic Journal reported today, citing Benjamin Hung, chief executive officer of Standard Chartered Plc’s Hong Kong unit.

There will be rising competition among banks to attract deposits in the coming three months, the Chinese language newspaper cited Hung as saying.

To contact the reporter on this story: Sophie Leung in Hong Kong at sleung59@bloomberg.net

To contact the editor responsible for this story: Edward Johnson at ejohnson28@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.