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Prudent investment urged

Secretary for Financial Services & the Treasury Prof KC Chan has advised investors to be careful in making investment decisions in the asset market.

New loans approved down 12.8%

New mortgage loans drawn down in December fell 15.8% to $8.9 billion, compared with November.

Negative equity mortgages drop

The estimated number of residential mortgage loans in negative equity decreased from 1,653 cases at the end of September to 1,465 in December, the Monetary Authority said today.

Total exports, imports rise

The values of Hong Kong’s total goods exports and imports recorded year-on-year increases, at 7.4% and 8.1%, last month.

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