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flag Sun Hung Kai & Co. launches new mortgage management service for $100M residential portfolio in Hong Kong.

flag Sun Hung Kai & Co., a Hong Kong financial firm, has launched a new mortgage servicing business to manage a $100 million residential mortgage portfolio for institutional investors. flag The subsidiary, SHK Credit, will offer administrative services and portfolio monitoring. flag As the Hong Kong property market stabilizes, more developers are selling mortgage portfolios, creating opportunities for third-party management.

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