---
title: "Sun Hung Kai Secures HK$20B Loan as Bank Demand Hits HK$26B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280678458.md"
description: "Sun Hung Kai Properties has secured a HK$20 billion five-year syndicated loan, attracting HK$26 billion in commitments from banks including Bank of China (Hong Kong), DBS, HSBC, and OCBC. This loan, priced at 60 basis points over Hibor, is aimed at refinancing and indicates a potential shift in sentiment towards Hong Kong's property sector. The demand from mainland Chinese buyers is helping to stabilize the market, while lower benchmark rates may improve financing conditions. This marks Sun Hung Kai's return to the credit markets after a period of weaker asset values."
datetime: "2026-03-26T19:15:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280678458.md)
  - [en](https://longbridge.com/en/news/280678458.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280678458.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280678458.md) | [繁體中文](https://longbridge.com/zh-HK/news/280678458.md)


# Sun Hung Kai Secures HK$20B Loan as Bank Demand Hits HK$26B

Sun Hung Kai Properties (SUHJF) appears to be re-entering the credit markets at a moment when funding conditions are starting to ease, securing a HK$20 billion five-year syndicated loan that could mark its lowest borrowing cost in years. According to people familiar with the matter, the deal was initially launched at HK$5 billion but ultimately attracted commitments of as much as HK$26 billion from a lender group that includes Bank of China (Hong Kong), DBS, HSBC, and OCBC. The facility is priced at 60 basis points over Hibor, with proceeds intended for refinancing, suggesting the company is taking advantage of improved financing terms.

The level of bank participation may point to a shift in sentiment toward Hong Kong's property sector after a prolonged period of pressure. What started as a gauge of lender appetite appears to have evolved into broader support, as creditors show willingness to re-engage with large developers. At the same time, demand dynamics may also be stabilizing, with mainland Chinese buyers increasingly active in the city's housing market, helping developers move unsold inventory and potentially reinforcing early signs of recovery.

Lower benchmark rates could further support this backdrop. The one-month Hibor has declined to 2.13% from 3.08% at the start of the year, which may improve affordability and financing conditions across the sector. Sun Hung Kai, which typically accesses syndicated loans annually, did not raise funds in 2025 as weaker asset values and softer sentiment weighed on the market. Its return with tighter pricing could suggest that both credit conditions and housing demand are beginning to find a more stable footing.

### Related Stocks

- [Hwabao WP CSI 800 Real Estate ETF (159707.CN)](https://longbridge.com/en/quote/159707.CN.md)
- [SHK PPT (00016.HK)](https://longbridge.com/en/quote/00016.HK.md)

## Related News & Research

- [Exclusive|Hong Kong developer banks on arts and finance synergy in West Kowloon cultural hub](https://longbridge.com/en/news/280077581.md)
- [Short Interest in Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Grows By 4,550.0%](https://longbridge.com/en/news/280378630.md)
- [Manhattan Bridge Capital, Inc. Reports 2025 Results | LOAN Stock News](https://longbridge.com/en/news/280847109.md)
- [Sunda Energy Taps Loan Facility to Advance Southeast Asia Asset Acquisition](https://longbridge.com/en/news/280583354.md)
- [09:10 ETMac Murchadha Bespoke Financing Launches with New Research on $33B Sports Card Asset Class](https://longbridge.com/en/news/280479734.md)