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Hong Kong Economy: 
New Loans Rise by 5.2%
Author: 123jump.com Staff
123jump.com
Last Update: 7:10 AM EDT April 25 2008


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New loans approved increased by 5.2% to HK$24.7 billion. The increase was due to increases of HK$1.4 billion (+89.1%) in approvals for primary market transactions and of HK$1.0 billion (+35.1%) in approvals for refinancing loans, which more than offset the HK$1.2 billion (-6.6%) decrease in approvals for secondary market transactions.

 

 

 
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