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By Clare Jim HONG KONG (Reuters) -Hong Kong’s property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health. Some of Hong Kong’s major banks have cut off fresh financing to the city’s highly leveraged or weak property companies, four sources familiar with the matter said, forcing developers to seek more expensive loans in the private credit market. With the outlook for Hong Kong’s once-thriving property market looking increasingly uncertain, many banks are also shrinking…

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