HSBC is rumored to raise the mortgage rebate to 1% for loans of at least 10 million. Analysts expect Hong Kong banks to "start off well" at the beginning of the year
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HSBC will raise the mortgage rebate to 1%, with a minimum loan amount of HKD 10 million, and requires the establishment of a wealth management account and is limited to first-hand properties. Market analysis suggests that at the beginning of the year, banks hope to attract customers and expect that the U.S. may cut interest rates, with room for a decline in interbank rates, and property prices have initially bottomed out. Other banks such as Bank of China and Standard Chartered are also considering offering similar rebates, but need to observe market and economic factors
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