We will concurrently release the Northern Metropolis Development Strategy (the Development Strategy) today to give a detailed account of the planning background, general principles, objectives and action agenda of the Northern Metropolis for discussions and expression of views from different sectors of the community. Under the framework of “One Country, Two Systems”, the Development Strategy…
In order to alleviate the financial burden of enterprises and support them in obtaining commercial loans, the Government has rolled out the 90% Guarantee Product and the Special 100% Guarantee Product in the past year. Meanwhile, many banks have been offering extension of principal payment holiday with the support of the Hong Kong Monetary Authority….
The Hong Kong Monetary Authority (HKMA) today (Wednesday) relaxed the countercyclical macroprudential measures for mortgage loans on non-residential properties. The applicable loan-to-value ratio caps for mortgage loans on non-residential properties are adjusted upward by 10 percentage points, from 40% to 50% for general cases. The adjustment takes effect from 20 August 2020. Mr Eddie Yue,…
Strategy is about making choices; it's about deliberately choosing to be different.