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    News: 2024.03.15

    Bank rebate reduction will not affect citizens' entry into the market

    According to the latest reports, major banks in Hong Kong are considering cutting cash rebates, which may have a certain impact on people's entry into the market. Although bank funding costs are still high, this move may bring some changes to the market.

    It is reported that large banks including HSBC, Hang Seng and Bank of China are actively formulating plans to reduce cash rebates. This means that whether it is a new mortgage, a remortgage or an additional mortgage, the loan amount will be affected.

    Citizens entering the market may be affected

    For banks planning to cut cash rebates, they may be looking to save costs through this move. However, this may also have some impact on citizens' entry into the market, especially for those planning to apply for loans.

    The market may face changes

    Banks' move to cut cash rebates could lead to some changes in the market. This may affect the selection of loan applicants and may also cause certain fluctuations in the entire market.

    Market trends deserve attention

    Since banks' plans to cut cash rebates may have a certain impact on the market, citizens and investors should pay close attention to market trends and adjust their investment strategies in a timely manner.