Interest rate

Hong Kong Banks Inflate Deposit Rates Ahead of Predicted Fed Hike

Hong Kong Banks Inflate Deposit Rates Ahead of Predicted Fed Hike

Several Hong Kong banks have pledged to raise deposit interest rates in line with expectations that the United States Federal Reserve will hike rates after a meeting next week.

Sep 21, 2018
Liao Shumin
Value of New Personal Mortgages Slides for Fifth Straight Quarter in Beijing

Value of New Personal Mortgages Slides for Fifth Straight Quarter in Beijing

New mortgages issued in Beijing slumped 70.7 percent annually in the second quarter, marking the fifth three-month period of decline…

Aug 22, 2018
Song Yikang
Fed Interest Rate Hike Has Limited Impact on Chinese Economy, Says NBS

Fed Interest Rate Hike Has Limited Impact on Chinese Economy, Says NBS

Fed Interest Rate Hike Has Limited Impact on Chinese Economy, Says NBS

Jun 14, 2018
Xu Wei
Three-Month HIBOR Tops 2% for First Time Since 2008 Global Financial Crisis

Three-Month HIBOR Tops 2% for First Time Since 2008 Global Financial Crisis

The three-month Hong Kong Interbank Offered Rate, HIBOR, jumped to its highest point in 10 years today following the…

Jun 13, 2018
Liao Shumin
PBOC Lifts Key Short-Term Loan Rate in Wake of Fed’s Policy Tightening

PBOC Lifts Key Short-Term Loan Rate in Wake of Fed’s Policy Tightening

China’s central bank today increased its seven-day reverse repurchase rate, a key money market benchmark, by five basis points…

Mar 22, 2018
Xu Wei
There Is No Risk of Rapid Rate Hike in Hong Kong, Says Its Monetary Chief

There Is No Risk of Rapid Rate Hike in Hong Kong, Says Its Monetary Chief

There is no risk of a quick rate hike in China’s Hong Kong Special Administrative Region and the market doesn't…

Feb 6, 2018
Zhang Huan
Annualized Interest Rates of Products on Alipay’s Shenghuohao Loan Platform Should Not Exceed 24%, Ant Financial Says

Annualized Interest Rates of Products on Alipay’s Shenghuohao Loan Platform Should Not Exceed 24%, Ant Financial Says

Ant Financial Services Group, the financial services arm of Chinese internet giant Alibaba Group Holding Ltd. [NYSE:BABA], has imposed new…

Nov 24, 2017
Liao Shumin
China Monitors US Tax Reform Initiative Closely, Says Its Vice Minister of Finance

China Monitors US Tax Reform Initiative Closely, Says Its Vice Minister of Finance

China will keep an eye on the most comprehensive US tax reform program since the Reagan administration, aimed at making…

Nov 16, 2017
Liao Shumin
Average Interest Rate for China’s First-Time House Buyers Breaks 5% for First Time

Average Interest Rate for China’s First-Time House Buyers Breaks 5% for First Time

The national average interest rate for loans provided to first-time house buyers in China reached an all-time high of 5.12…

Sep 25, 2017
Xu Wei
First Home Mortgage Interest Rates Rise in Beijing as Bank Credit Dries Up

First Home Mortgage Interest Rates Rise in Beijing as Bank Credit Dries Up

Beijing’s first home mortgage interest rates have continued to rise as bank credit dries up.

Sep 19, 2017
Liao Shumin
PBOC Liquidity Injections See Highest Investment Week Since Chinese New Year

PBOC Liquidity Injections See Highest Investment Week Since Chinese New Year

The People’s Bank of China has injected liquidity after corporate tax payments and other factors caused a sudden sharp tightening…

Jul 26, 2017
Xu Yanyan