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

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. The subsidiary, SHK Credit, will offer administrative services and portfolio monitoring. As the Hong Kong property market stabilizes, more developers are selling mortgage portfolios, creating opportunities for third-party management.

November 11, 2024
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