EconomyHong Kong landlords accuse banks of deepening shop slump with reluctance to lend
Hong Kong landlords and property industry figures say banks are worsening the city’s shop-market slump by retreating from commercial mortgages. They say more prospective buyers are being rejected for financing despite sharply lower property values, even as banks compete for residential mortgage borrowers amid a recovering housing market.
Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend
Economy