The Zhitong Finance App learned that on October 16, the Chief Executive of Hong Kong, Mr. Li Jiachao, announced the “2024 Policy Address”. Among them, the maximum mortgage ratio limit for all properties was completely relaxed to 70%, and the upper limit of the contributions' income ratio was adjusted to 50%. Wang Meifeng, managing director of Central Plains Mortgage, said that the Hong Kong Monetary Authority is welcome to fully relax all mortgage ratios to 70%. It is estimated that it will attract potential buyers from all sides to enter the market, and the property market is more motivated and diversified to develop.

The Zhitong Finance App learned that on October 16, the Chief Executive of Hong Kong, Mr. Li Jiachao, announced the “2024 Policy Address”. Among them, the maximum mortgage ratio limit for all properties was completely relaxed to 70%, and the upper limit of the contributions' income ratio was adjusted to 50%. Wang Meifeng, managing director of Central Plains Mortgage, said that the Hong Kong Monetary Authority is welcome to fully relax all mortgage ratios to 70%. It is estimated that it will attract potential buyers from all sides to enter the market, and the property market is more motivated and diversified to develop.