HONG KONG -- Banks in Hong Kong including HSBC Holdings, its unit Hang Seng Bank and Bank of East Asia have stopped approving some mortgages for properties being developed by embattled China Evergrande Group in the city, four people familiar with the decisions say.
China debt crunch
Hong Kong banks suspend mortgages to Evergrande projects in city
Cutoff deepens woes of world's most indebted property developer
Hong Kong banks have stopped approving mortgages for properties under development by China Evergrande Group in the city, sources say. © Reuters
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