Market Chatter: BOC Hong Kong Reintroduces Rebates for Home Loans

MT Newswires Live09-05

BOC Hong Kong (Holdings) (HKG:2388) reintroduced rebates for home mortgages in anticipation of an interest rate cut, The Standard reported Thursday, citing local media outlet HK01.

The lender will give out 0.1% of new loans above HK$1 million, 0.2% for loans above HK$2 million, and 0.25% for loans exceeding HK$10 million, the report said.

BOC Hong Kong will also look into other factors such as the loan amount and client-lender relationship as they review rebate applications, according to the news outlet.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $24.30, Change: $+0.20, Percent Change: +0.83%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2465514549?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-05 19:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2465514549","market":"nz","top_or_hot":-1,"title":"Market Chatter: BOC Hong Kong Reintroduces Rebates for Home Loans","media":"MT Newswires Live","content":"<html><body><p> BOC Hong Kong (Holdings) (HKG:2388) reintroduced rebates for home mortgages in anticipation of an interest rate cut, The Standard reported Thursday, citing local media outlet HK01.</p><p>The lender will give out 0.1% of new loans above HK$1 million, 0.2% for loans above HK$2 million, and 0.25% for loans exceeding HK$10 million, the report said.</p><p>BOC Hong Kong will also look into other factors such as the loan amount and client-lender relationship as they review rebate applications, according to the news outlet.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $24.30, Change: $+0.20, Percent Change: +0.83%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: BOC Hong Kong Reintroduces Rebates for Home Loans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: BOC Hong Kong Reintroduces Rebates for Home Loans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-05 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BOC Hong Kong (Holdings) (HKG:2388) reintroduced rebates for home mortgages in anticipation of an interest rate cut, The Standard reported Thursday, citing local media outlet HK01.The lender will give...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1044876610.USD","symbol_name":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2465514549","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2465514549","pubTimestamp":1725535457,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BOC Hong Kong   reintroduced rebates for home mortgages in anticipation of an interest rate cut, The Standard reported Thursday, citing local media outlet HK01.The lender will give out 0.1% of new loans above HK$1 million, 0.2% for loans above HK$2 million, and 0.25% for loans exceeding HK$10 million, the report said.BOC Hong Kong will also look into other factors such as the loan amount and client-lender relationship as they review rebate applications, according to the news outlet.Price : $24.30, Change: $+0.20, Percent Change: +0.83%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"82388":"中银香港 – R","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU0955648018.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) INC MF","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU1642822792.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"A\" (SGD) ACC","BK4585":"ETF&股票定投概念","BOC":"Boston Omaha Corporation","HBCP":"Home合众银行","BK4211":"区域性银行","BK1507":"粤港澳大湾区","BK1231":"综合性银行","LU1044875133.USD":"天利亚洲反向股票 AU Acc","BK4009":"广告","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","HKD":"尚乘数科","BK4195":"互助储蓄与抵押信贷金融服务","BK1560":"内银股","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","BK1572":"香港银行股","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","BK4588":"碎股","BK4526":"热门中概股","BHKLY":"中银香港ADR","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","02388":"中银香港","BK1521":"挪威政府全球养老基金持仓","03143":"华夏香港银行股","CFA.SI":"NikkoAM-STC Asia REIT","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","LU0414403682.SGD":"Blackrock Asia Pacific Equity Income A5 SGD-H","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","LU0955623706.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) ACC","LU0955669360.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0738912210.USD":"Blackrock Asia Pacific Equity Income A6 USD","BK4023":"应用软件"},"translate_title":"市场热议：中银香港重新推出住房贷款回扣","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"82388":0.6,"HKD":1,"HBCP":1,"CFA.SI":1,"BOC":1,"02388":0.9,"03143":0.6,"BHKLY":0.6},"content_text":"BOC Hong Kong (Holdings) (HKG:2388) reintroduced rebates for home mortgages in anticipation of an interest rate cut, The Standard reported Thursday, citing local media outlet HK01.The lender will give out 0.1% of new loans above HK$1 million, 0.2% for loans above HK$2 million, and 0.25% for loans exceeding HK$10 million, the report said.BOC Hong Kong will also look into other factors such as the loan amount and client-lender relationship as they review rebate applications, according to the news outlet.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price (HKD): $24.30, Change: $+0.20, Percent Change: +0.83%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2465514549"}