Hong Kong banks tighten credit as bad property loans grow

asia.nikkei.com/Business/Finance/Hong-Kong-banks-tighten-credit-as-bad-property-loans-grow

HONG KONG -- More than five years ago, when New World Development asked banks in Hong Kong for a billion-dollar syndicated loan to fund the construction of a lavish shopping mall by the city's airport, banks had to fight for a share of the deal -- and they did not ask for collateral.
For…

This story appeared on asia.nikkei.com, 2025-07-14 00:00:00.
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