Affect the material developers as usual push plate

The HKMA has generally said that the developers have generally agreed that the impact of the tricks on property prices is limited and that the developers will push the plates as usual; but the scholars mean that the banks will build new buildings at cost or reduce the mortgage According to people will be affected.

Cheung Kong Real Estate (01113) Executive Director Zhao Guoxiong believes that the current economic stability of Hong Kong, the supply of money, the property market buyers are mainly self-employed, home buyers a great demand for new measures on the property market will not be affected. Nan Fung Managing Director Cai Hongxing said that the property market or a short-term psychological impact, but the capital adequacy in Hong Kong, investors will still invest in housing, material measures may not actually reduce the price.

Another former Chairman of the Group, Mr Shi Wing-ching, pointed out that the reduction in the number of mortgages was only to continue the “wrong medicine” and would not help the first home buyers to buy the floor. He believed that the market was so abundant that the supply increase was far from the demand and that the abundant funds would still choose to buy Industry value.

Cost increase by bank or less

Scholars said that the HKMA’s increase in bank capital requirements was deeper because the cost of building a new building by banks increased or the banks were able to reduce their mortgage concessions. Influence, but there is no data reference, to be long-term observation.

As the Acting Chairman of the Hong Kong Association of Bankers, Mr GONG Yang-en, is of the view that the HKMA’s tightening of bank lending to developers is a constant risk management that will help reduce the risk of banks and enhance the quality of assets. As the relevant loans for property development last year accounted for only about 1% of the total loans, the measures would have a slight impact on the banking sector, but the developers may need some time to adapt and the relevant impacts may emerge later.