Express News | Multiple small and medium-sized banks in various regions have announced a decrease in deposit interest rates.

Breakings21:56

Chung Yuan Mortgage: In May, the number of registered elderly mortgages fell by 19% compared to the previous month, reaching 22 cases, a new low in 10 months.

According to the statistics from the Zhongyuan Mortgage Research Department and the Land Registration Office, there were 22 registrations for elderly mortgages in May, which decreased by 5 compared to April, a drop of 18.5% from the previous month, hitting a 10-month low.

Zhitong Finance16:38

"Great Wall", Morgan Stanley: CSRC optimizes the mutual recognition arrangement of funds between the two places and the HKMA expands the effective period of relaxing the mortgage ratio, which is positive for Hengli Group (00806.HK), Hong Kong banks, and C

JPMorgan released a research report stating that the optimization of the mutual recognition arrangement of funds between the two places by the China Securities Regulatory Commission and the effective period of the Hong Kong Monetary Authority's expanded and relaxed mortgage ratio will be more positive for Value Partners (00806.HK), Hong Kong banks, and Chinese-funded brokerages. According to JPMorgan, in the mutual recognition agreement, Value Partners and Hang Seng Investment Management under Hang Seng Bank (00011.HK) will directly benefit from the increase in jurisdictional asset management scale brought by the improved flexibility, while Chinese-funded brokerages and Hong Kong banks can also indirectly benefit from better income or expenses as the inflows of investment funds into the Hong Kong market continue to increase. China International Capital Corporation (03908.HK) and Huatai

AASTOCKS10:14

"The Big Bank" UBS Group: HKMA expands and relaxes mortgage ratio effective period, positive for Hong Kong banks.

UBS Group released a report stating that the Mortgage requirement relaxation period expansion announced by the Hong Kong Monetary Authority has a positive impact on Hong Kong banks. The bank believes that further relaxation of the mortgage ratio rules may increase the demand for mortgages, but the impact may be relatively limited. The report cited local media reports that some Hong Kong banks have tightened their loan-to-value ratios for nano flats, and the interest rate is high at P+1, which means that the actual interest rate may rise from 4.125 basis points to 5.8 basis points. The bank believes that if the Federal Reserve does not lower its policy interest rate in a timely manner, the maximum interest rate for all residential mortgages will face upward risks. Considering that as of April this year, residential mortgages accounted for 19% of the total bank system loans, this move would further

AASTOCKS09:57

Express News | CITIC SEC: Bank stocks' valuation is backed by fundamentals, cementing dividend yield space certainty.

Breakings08:21

Hong Kong Property Review: Large banks are tightening their nano flat mortgages, reflecting a shift in banks' mortgage business from quantity to quality.

Large banks in the city are tightening their lending for nanometer apartments. Cao Deming, vice president of mortgage referral, said that banks generally consider many factors when approving residence mortgages, such as property type, age, turnover, borrower's occupation, nationality, and interest rates, and the approval attitude for mortgages will vary accordingly. Recently, the interest rates are still at a high level, resulting in high mortgage business funding costs. Based on cost, margin profit, and risk management, some banks' mortgage business strategies have shifted from "seeking quantity" to "seeking quality," with more cautious assessment of property quality and risk. However, the nanometer apartment market accounts for a small proportion and has a relatively minor impact.

AASTOCKSJun 14 14:42