Having enjoyed low, stable rates for more than a decade, Hong Kong’s economy and red-hot property market are now bracing for higher rates as the U.S. central bank normalizes policy. The chances of commercial banks raising their prime rate this week are …
Hong Kong raises base lending rate, striking the final nail for more than a decade of cheap fundsSouth China Morning Post
Hong Kong raises base rate following Fed decisionFinancial Times
Hong Kong’s central bank raises base rate by 25 bps after Fed hikeReuters

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Source:: Hong Kong News By Google News

By Zennie Abraham

Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.