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Central Plains Mortgage: 726 remortgages were registered in Hong Kong in March, down 41% from the previous month to a record low
Zhitong Finance App learned that Wang Meifeng, managing director of Zhongyuan Mortgage Research, pointed out that according to data from the Central Plains Research Department, the Bank of Hong Kong recorded 726 loan transfers in March 2024. The number hit a record low since 2017, a sharp decrease of 40.9% month-on-month. The reason was that banks raised mortgage interest rates and reduced rebate offers since September last year. The reason for conversion has been drastically reduced, causing the number of conversion applications to drop significantly since the fourth quarter of last year. According to figures from the Hong Kong Monetary Authority, the number of new referrals in February has been falling for 5 months to a 15-year low. As a result, the number of referrals registered in the first quarter of this year has been falling for 2 consecutive months, and fell even lower in March
Zhitong FinanceApr 25 08:59 ET
Hang Seng Bank (00011.HK) spent HK$61.09 million to repurchase 600,000 shares on April 25
Glonghui, April 25 | Hang Seng Bank (00011.HK) announced that it spent HK$61.109 million to repurchase 600,000 shares on April 25.
Gelonghui FinanceApr 25 07:45 ET
Hang Seng Bank (00011) spent approximately HK$597.95 million to repurchase 600,000 shares on April 24
According to the Zhitong Finance App, Hang Seng Bank (00011) issued an announcement to repurchase 600,000 shares at a cost of approximately HK$597.95 million on April 24, 2024, at a repurchase price of HK$98.65-100.3 per share.
Zhitong FinanceApr 24 06:39 ET
Central Plains Mortgage: Hong Kong's low level of subsidized housing mortgage registrations in March rebounded more than 3.4 times to a 9-month high
In March, Hong Kong recorded a total of 1,649 subsidized housing mortgage registrations, a sharp rebound of 344.5% from the record in February, a sharp rebound of 344.5% month-on-month, to a record high of the past 9 months. Of these, a total of 1,227 mortgage registrations were registered in the first quarter.
Zhitong FinanceApr 24 06:08 ET
Hang Seng Bank (00011.HK) spent HK$59.03 million to repurchase 600,000 shares on April 23
Glonghui, April 23: Hang Seng Bank (00011.HK) announced that it spent HK$59.03 million to repurchase 600,000 shares on April 23.
Gelonghui FinanceApr 23 06:54 ET
Hang Seng Bank (HKG:11) Investors Are Sitting on a Loss of 41% If They Invested Five Years Ago
While not a mind-blowing move, it is good to see that the Hang Seng Bank Limited (HKG:11) share price has gained 21% in the last three months. But over the last half decade, the stock has not perfo
Simply Wall StApr 22 18:49 ET
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