According to data from the Central Plains Mortgage Research Department, there were a total of 3,380 registered mortgages for existing buildings in Hong Kong in May, a decrease of 15% from April and a new low in five months, still at a low level as it does not reflect the post-rollback property market. Since the rollback of measures, the property market has regained momentum since March, with significant increases in both first-hand and second-hand trading. It is expected that the number of mortgage registrations will begin to reflect the post-rollback situation from June and will show a significant upward trend. Driven by some new projects, the number of registered mortgages for pre-sale housing in May increased by 65% to 279, rising for two consecutive months and reaching a 19-month high. As for the mortgage market share, Bank of China Hong Kong has maintained its dominance for ten consecutive months in May, while HSBC has remained the leader in the pre-sale housing mortgage market share for two consecutive months.

Wang Meifeng, the CEO of Central Plains Mortgage, stated that the top four banks of registered mortgages for existing buildings in May experienced a decrease of 6.9 percentage points month-on-month to 71.3%, mainly because some banks have reduced their mortgage discounts since February and customers are more likely to turn to banks with more discounts. The mortgage market share of Bank of China Hong Kong has decreased by 4.7 percentage points month-on-month to 34% in May. The mortgage market share of HSBC has increased by 0.9 percentage points to 21.5%. Hang Seng Bank's mortgage market share has decreased by 4.9 percentage points to 8.6%, maintaining its third place. ICBC (Asia)’s market share has increased by 2.7 percentage points to 7.2%, rising one place to fourth.

In addition, in May, the pre-sale housing mortgage market share of HSBC increased by 8.1 percentage points month-on-month to 44.8%, while Bank of China Hong Kong’s mortgage market share increased by 6.3 percentage points to 27.6%, ranking second. ICBC (Asia)’s mortgage market share increased by 4.1 percentage points to 10% and rose two places to third. The mortgage market share of Bank of East Asia decreased by 3.9 percentage points to 5%. The mortgage market share of Hang Seng Bank decreased by 7.1 percentage points to 4.7%, dropping two places to fifth.

Affected by the weak property market prior to the rollback, the number of registered mortgages for existing and pre-sale properties in the first five months of the year was unsatisfactory. According to data, the number of registered mortgages for existing buildings in the first five months of the year decreased by 40% year-on-year to 18,703, and Bank of China Hong Kong handled 7,036 registered mortgages for existing buildings with a market share of 37.6%, temporarily leading the list. As for pre-sale housing mortgages, there were 709 registered mortgages in the first five months, an increase of 48% year-on-year, and HSBC ranked first with a market share of 39.1%, handling 277 pre-sale housing mortgages.