The number of Hong Kong homeowners with apartments worth less than their mortgages surged 15 times in the first quarter, according to the Hong Kong Monetary Authority.A stark contrast to what was going on in Shenzhen at the time.
The number of negative-equity mortgages rose to 1,432, with a total value of HK$4.9 billion ($634 million), for the three months ended March, from 95 such home loans worth HK$418 million in the previous quarter, the city’s de facto central bank said on its website Friday.
CapitaLand India Trust Boosts Hyderabad Bets with Latest Business Park
Acquisition
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CapitaLand India Trust (CLINT) is set to add to its collection of 12
business park properties in Hyderabad after announcing a fresh deal with
long-time p...
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