The number of Hong Kong homeowners with apartments worth less than their mortgages surged 15 times in the first quarter, according to the Hong Kong Monetary Authority.A stark contrast to what was going on in Shenzhen at the time.
The number of negative-equity mortgages rose to 1,432, with a total value of HK$4.9 billion ($634 million), for the three months ended March, from 95 such home loans worth HK$418 million in the previous quarter, the city’s de facto central bank said on its website Friday.
Not So Super
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FEEDSuper Micro (SMCI) makes rack servers. Boring, right? Well, not if they
got the privilege of riding the silly AI fad, which they did to great
effect. C...
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