Hong Kong Mortgage Rule May Boost Rates, Standard Chartered Says

Hong Kong Mortgage Rule May Boost Rates, Standard Chartered Says

Lam Yik Fei/Bloomberg

Residential and commercial properties stand in the Causeway Bay district of Hong Kong. The value of new residential mortgage loans drawn in Hong Kong declined 16 percent to HK$15.9 billion in January, the second monthly drop after an 11 percent decrease in December, monetary authority figures show.