Business

ICBC Asia backs Hong Kong developers with stable loan support amid sector’s challenges

EMEA Tribune

17 Mar 2025 — 1 min read

Local subsidiary of China’s largest bank has ‘zero’ non-performing loans from Hong Kong developers and plans to increase home mortgages

ICBC (Asia) sees no undue risk in lending to Hong Kong’s large property developers and will also continue to write home mortgages to support the sector’s recovery, according to a senior executive.

ICBC (Asia) has lent to large developers including NWD, Sun Hung Kai Properties, China Resources Land and China Overseas Land and Investment, according to Bloomberg data.

EMEA Tribune is not responsible for this news, news agencies have provided us this news.
Follow us on our WhatsApp channel here .

Trump’s tariffs to reshape global trade with key role for Hong Kong: StanChart chairman

Jose Vinals to bid adieu at the bank’s annual general meeting in May after nine years at the helm US President Donald Trump is unlikely to impose “super tariffs” on China, although his trade policies could create new trade links and business opportunities in Asia, the Middle East and

ICBC (Asia) backs Hong Kong developers with stable loan support amid sector’s challenges

Local subsidiary of China’s largest bank has ‘zero’ non-performing loans from Hong Kong developers and plans to increase home mortgages ICBC (Asia) sees no undue risk in lending to Hong Kong’s large property developers and will also continue to write home mortgages to support the sector’s recovery,

China’s home prices drop for 21st straight month as property recovery remains elusive

In the sole positive metric in new official data, new-home prices in top-tier cities edged up by 0.1 per cent month on month in February China’s new-home prices fell for the 21st straight month in February as a recovery continued to elude the key economic sector, underscoring the

Hong Kong’s demand for AI talent surges, with more than 2,000 job openings

About 70 per cent of recruiters attending the coming Cyberport Career Fair are looking to hire AI professionals, organiser says The vacancies will be featured at the Cyberport Career Fair, which takes place on Friday and Saturday. More than 580 organisations will attend, including start-ups, tech companies, government departments and

Read more

Trump’s tariffs to reshape global trade with key role for Hong Kong: StanChart chairman

ICBC (Asia) backs Hong Kong developers with stable loan support amid sector’s challenges

China’s home prices drop for 21st straight month as property recovery remains elusive

Hong Kong’s demand for AI talent surges, with more than 2,000 job openings