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Hong Kong Banks ‘Killing Themselves’ in Mortgage War (Update1) - Bloomberg

Story date: 2009-06-27 07:54:00
Added on: 2009-07-03 15:46:18


June 29 (Bloomberg) -- Hong Kong high school teacher Chris Poon’s dream of buying his first apartment was dashed in December when banks refused to fund more than 50 percent of the HK$3.5 million ($450,000) purchase. Poon, 33, tried again in May and ...


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