Hong Kong is a small market, smaller still in the shadow of the Chinese Mainland market which we explored in episode 4 of How to Lend Money to Strangers. That said, its high concentration of low-risk/ high-income consumers make it a useful training ground for lenders looking to target prime and better customers.

In this thirteenth episode 13 of HTLMTS I speak to Dr Francis Lau about the strength of the residential housing market post-COVID, about the emergence of virtual banks, and the growing line of competitors for credit card issuers.

The KPMG report on Hong Kong banking which Francis referenced can be downloaded here, while the HKMA’s mortgage numbers can be found here and their payment card numbers can be found here.

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If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me at [email protected]

A full written transcript with timestamps can be found on HowtoLendMoneytoStrangers.Show

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