Investor Presentaiton
Loan Exposure to Mainland Property Companies
HK$bn
(-2.7%)
105.8
102.9
2021.12
2022.06
% to total loans
6.6%
6.1%
As at the end of June 2022, loans to Chinese real-estate (CRE)
developers amounted to HK$102.9bn, down 2.7% from the end of
2021; accounting for 6.1% of Group's total loans, down 0.5ppt. CRE
impairment allowances/total CRE loans was 2.3%
■The property corporate customers in Mainland mainly operate in the
GBA and tier 1 & 2 coastal cities, and are market leaders with
national business presence and relatively stable financial condition
■SOE loans: 78%; private enterprise loans: 22%
Loans for use in Mainland: 56%; loans for use in Hong Kong: 42%
Based on "three red lines" definition, green line loans: 81%; yellow
line loans: 19%. Investment-graded customer loans: 71%
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