Banks Rethink Evergrande Mortgage Halt After Queries From HKMA.

HONG Kong (China); FINLAND

Keywords: 11@HK; 2066@HK; 3333@HK; ONEX@CN; ALLTOP; ASIA; ASIATOP; BON; BUSINESS; CHINA; COS; CST; FIN; GLOBALMACR; GOV; HK; INDUSTRIAL; INDUSTRIES; MARKETS; REL; TOP; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 11@HK 2066@HK 3333@HK ONEX@CN ALLTOP ASIA ASIATOP BON BUSINESS CHINA COS CST FIN GLOBALMACR GOV HK INDUSTRIAL INDUSTRIES MARKETS REL TOP WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU HSBC Holdings Plc and Bank of China Ltd.'s Hong Kong unit are reconsidering their decisions to halt mortgages for China Evergrande Group's unfinished residential properties in Hong Kong, after the city's de facto central bank questioned the moves, according to people familiar with the matter. HSBC, Bank of China's Hong Kong unit and Hang Seng are the biggest mortgage lenders for unfinished residential projects in Hong Kong, with HSBC providing 25% of the loans in the market in June, according to mReferral Corporation (HK) Ltd., a mortgage referral company. [Extracted from the article]

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