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AccessMyLibrary    Browse    A    AsiaPulse News    MAY-01    HK'S NEW HOME LOANS SLUMP 26.9 PCT IN APRIL: SURVEY.

HK'S NEW HOME LOANS SLUMP 26.9 PCT IN APRIL: SURVEY.

Publication: AsiaPulse News

Publication Date: 29-MAY-01
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COPYRIGHT 2001 Asia Pulse Pty Ltd

HONG KONG, May 29 Asia Pulse - After increasing in March, new loans approved in Hong Kong during April dropped by 26.9 per cent to HK$7.8 billion (US$1.0 billion), according to the monthly survey of residential mortgage lending conducted by Hong Kong Monetary Authority (HKMA) .

HKMA said the decrease was driven largely by a...

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