China Construction Bank raised its mortgage rate by
10 basis points to 2.5%.
Hongkong and Shanghai Bank, Standard Chartered Bank, Hang Seng Bank (0011.HK), Bank of East
Asia (0023.HK), Chong
Hing Bank (1111.HK), ICBC Bank (0349.HK) and CITIC Ka Wah Bank said they do not plan on following suit.
Do you think this small rise will kill the red-hot Chinese real estate market? I sure
don’t.
