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Investors shrug off mortgage rivalry in Hong Kong

Putting money in rising Hibor gives lenders cushioning to absorb hits

To help hapless buyers suspend their disbelief as they write million-dollar cheques for shoebox-sized apartments, lenders are coming up with what look like giveaway rates.

Hong Kong

THE mortgage war in Hong Kong, the world's most unaffordable housing market, is getting intense. But instead of panicking, investors in HSBC Holdings Plc should be looking to uncork the champagne.

Frequent attempts by the government to cool an overheated market have...

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