Tag: Hong Kong property market
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UOB Faces Pressures as Hong Kong and China Property Loans Sour
Overview: A Singapore Bank’s Bet on a Slowing Market Singapore’s United Overseas Bank Ltd (UOB) is navigating choppy waters as it reconvenes the risks tied to its sizable exposure to Hong Kong and China real estate. A bet on the strength of property markets in these regions has begun to backfire amid persistent price declines,…
