{"id":2410,"date":"2023-06-01T13:08:03","date_gmt":"2023-06-01T05:08:03","guid":{"rendered":"https:\/\/mpl.hk\/?page_id=2410"},"modified":"2023-07-19T21:02:36","modified_gmt":"2023-07-19T13:02:36","slug":"industrial-news","status":"publish","type":"page","link":"https:\/\/mpl.hk\/news\/licensed-money-lenders\/industrial-news\/","title":{"rendered":"Industrial News"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1302px;margin-left: calc(-5% \/ 2 );margin-right: calc(-5% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.375%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:2.375%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:2.375%;--awb-spacing-left-medium:2.375%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:2.375%;--awb-spacing-left-small:2.375%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-post-cards fusion-post-cards-1 fusion-grid-archive fusion-grid-columns-1\" style=\"--awb-column-spacing:0px;--awb-dots-align:center;--awb-columns:1;--awb-active-filter-border-size:3px;--awb-filters-height:36px;--awb-row-spacing:20px;--awb-columns-medium:100%;--awb-columns-small:100%;\"><ul class=\"fusion-grid fusion-grid-1 fusion-flex-align-items-flex-start fusion-grid-posts-cards\"><li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-1 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-12-09<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/police-crack-down-on-loan-restructuring-scam-16-suspects-arrested\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Police crack down on loan restructuring scam, 16 suspects arrested<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-1\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>9th December 2024 \u2013 (Hong Kong) Police launched Operation \u201cOceangate\u201d from 6th to 8th December, dismantling a scam believed to be operated by triad members that targeted victims with promises [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-2 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-11-27<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/hong-kong-police-arrest-46-over-illegal-money-lending-scheme-targeting-domestic-workers\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Hong Kong police arrest 46 over illegal money lending scheme targeting domestic workers<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-2\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>Domestic workers had to submit their passports, employment contracts, and employers\u2019 contact information to get the money, Chief Inspector Ho Yan-kit said. Hong Kong police have arrested 46 people allegedly [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-3 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-11-25<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/hk-govt-plans-to-set-loan-limit-for-unsecured-personal-loans-launch-consultation-in-2025\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">HK Govt Plans to Set Loan Limit for Unsecured Personal Loans, Launch Consultation in 2025<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-3\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>Secretary for Financial Services and the Treasury, Christopher Hui, said in his blog that the Financial Services and the Treasury Bureau (FSTB) and the Companies Registry (CR) have been closely [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-4 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-11-04<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/hkma-aims-to-introduce-7d-cooling-off-period-for-personal-loans-by-mid-2025-report\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">HKMA Aims to Introduce 7D Cooling-Off Period for Personal Loans by Mid-2025: Report<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-4\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>The Hong Kong Monetary Authority (HKMA) plans to require banks to offer at least a 7-day cooling-off period for unsecured consumer credit products, which means customers can cancel loans at [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-5 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-10-16<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-5 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/loan-to-value-ratio-for-mortgages-to-be-relaxed-ce\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Loan-to-value ratio for mortgages to be relaxed: CE<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-5\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>In a bid to encourage more people to purchase a home and to stimulate the city's property market, Chief Executive John Lee on Wednesday said the government would relax the [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-6 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-6 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-09-23<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-6 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/hong-kong-weekend-home-sales-fall-to-eight-week-low-despite-rate-cut\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Hong Kong weekend home sales fall to eight-week low despite rate cut<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-6\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>Hong Kong\u2019s property market has been under pressure from high borrowing costs and a weak economy, with prices declining to the lowest in eight years. LOWER interest rates have yet [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-7 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-7 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-08-13<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-7 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/thirteen-arrested-as-police-smash-loan-shark-syndicate-in-tuen-mun\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Thirteen arrested as police smash loan shark syndicate in Tuen Mun<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-7\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>Police announced on Tuesday that they busted a loan shark syndicate and arrested 13 people, with the youngest being 14, in relation to criminal cases concerning over HK$100 million. The [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-8 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-8 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-07-26<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-8 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/hong-kong-police-arrest-40-in-crackdown-on-loan-shark-syndicate\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Hong Kong police arrest 40 in crackdown on loan shark syndicate<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-8\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>Suspected proceeds from illegal debt collection exceeded HK$30 million, police say Hong Kong police have arrested 40 people in a four-day crackdown on illegal debt collection gangs, with the proceeds [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-9 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-9 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-06-05<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-9 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/transunion-1q24-credit-card-outstanding-balances-of-hk-consumers-rise-8-6-finance-companies-increasingly-dominant-in-personal-loan-mkt\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">TransUnion: 1Q24 Credit Card Outstanding Balances of HK Consumers Rise 8.6%; Finance Companies Increasingly Dominant in Personal Loan Mkt<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-9\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>According to the 1Q24 Industry Insights Report from TransUnion (TRU.US)\u00a0\u00a0-0.230 (-0.318%)\u00a0\u00a0\u00a0After\u00a00.000%, consumer demand for new credit cards in Hong Kong remained subdued towards the end of 2023 as existing credit [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-10 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-10 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-04-19<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-10 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/hongkongers-will-get-access-to-more-than-one-credit-reference-agency-under-new-scheme-aimed-at-promoting-competition\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Hongkongers will get access to more than one credit reference agency under new scheme aimed at promoting competition<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-10\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>The Credit Data Smart programme will enable people to get a free report from Nova Credit, PingAn OneConnect Credit and TransUnion Credit \u2018It gives the entire system much more resilience [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-11 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-11 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2024-01-26<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-11 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/four-men-arrested-for-illicit-lending-at-staggering-1000-interest-rate-p-a-in-mong-kok-finance-firm-crackdown\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Four men arrested for illicit lending at staggering 1000% interest rate p.a. in Mong Kok finance firm crackdown<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-11\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>26th January 2024 \u2013 (Hong Kong) Authorities have apprehended four men in the Mong Kok district, suspected of offering loans at an exorbitant interest rate of 1,000% per annum. This [...]<\/p><\/div><\/div><\/li>\n<li class=\"fusion-layout-column fusion_builder_column fusion-builder-column-12 fusion-flex-column post-card fusion-grid-column fusion-post-cards-grid-column\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-meta-tb fusion-meta-tb-12 floated\" style=\"--awb-border-bottom:0px;--awb-border-top:0px;--awb-border-left:0px;--awb-border-right:0px;--awb-height:20px;--awb-padding-bottom:0px;--awb-padding-top:0px;--awb-alignment-medium:flex-start;--awb-alignment-small:flex-start;\"><span class=\"fusion-tb-categories\"><a href=\"https:\/\/mpl.hk\/category\/licensed-money-lenders\/licensed-money-lenders-industrial-news\/\" rel=\"category tag\">Industrial News<\/a><\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><span class=\"fusion-tb-published-date\">2023-06-13<\/span><span class=\"fusion-meta-tb-sep\"> | <\/span><\/div><div class=\"fusion-title title fusion-title-12 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"--awb-margin-top:0px;--awb-margin-bottom:3px;--awb-margin-top-small:0px;--awb-margin-bottom-small:3px;--awb-margin-top-medium:0px;--awb-margin-bottom-medium:3px;--awb-link-hover-color:var(--awb-custom_color_1);\"><h5 class=\"fusion-title-heading title-heading-left\" style=\"font-family:Georgia, serif;font-style:normal;font-weight:400;margin:0;text-transform:capitalize;\"><a href=\"https:\/\/mpl.hk\/commissioner-calls-for-regulation-over-database-fears\/\" class=\"awb-custom-text-color awb-custom-text-hover-color\" target=\"_self\">Commissioner calls for regulation over database fears<\/a><\/h5><\/div><div class=\"fusion-content-tb fusion-content-tb-12\" style=\"--awb-text-color:var(--awb-color8);--awb-text-transform:none;\"><p>The Privacy Commissioner has called on the government to regulate credit reference databases after finding breaches by a Kowloon Bay software company put at risk the personal data of some [...]<\/p><\/div><\/div><\/li>\n<\/ul><div class=\"pagination clearfix\"><span class=\"current\">1<\/span><a href=\"https:\/\/mpl.hk\/wp-json\/wp\/v2\/pages\/2410\/page\/2\/\" class=\"inactive\">2<\/a><a class=\"pagination-next\" rel=\"next\" href=\"https:\/\/mpl.hk\/wp-json\/wp\/v2\/pages\/2410\/page\/2\/\"><span class=\"page-text\">Next<\/span><span class=\"page-next\"><\/span><\/a><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":4211,"parent":2388,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2410","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"lang":"en","translations":{"en":2410,"zh":3121},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/pages\/2410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/comments?post=2410"}],"version-history":[{"count":0,"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/pages\/2410\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/pages\/2388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/media\/4211"}],"wp:attachment":[{"href":"https:\/\/mpl.hk\/wp-json\/wp\/v2\/media?parent=2410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}