China Merchants Wing Lung Bank announced the launch of the Bay area property financing service "Bay area Housing loan Link" to provide first-hand property mortgage loans and current deed financing to customers who intend to purchase or have purchased residential properties in Shenzhen, Zhuhai, Guangzhou and Zhongshan.
Lin Shufen, director of the retail banking business of the bank, said that with the advantages of China Merchants Bank in professional wealth management, combined with the bank's understanding of cross-border financial management and property mortgage needs of customers in Hong Kong, the service enables customers to handle property financing in Hong Kong during the period when mainland China and Hong Kong have not yet fully cleared customs.