China CITIC Bank (International) Archives

HSBC, StanChart, DBS tap Golden Week visitors drawn to Hong Kong’s cash-for-residency scheme

International school visits, property outlook seminars, lucky draws and wine tastings are just some of the freebies that major Hong Kong banks have in store for mainland Chinese customers visiting …

Exclusive | Hong Kong Monetary Authority asks banks to exercise caution when offering property loans for speculative ‘confirmor sales’

by Anas Siddiqui

A confirmor sale occurs when a purchaser or confirmor enters into an agreement for the sale and purchase of a property with the owner or vendor, but before completion sub-sells …