Hong Kong's residential mortgage loans that ended in negative equity declined to 38,389 as of the end of December 2024 from 40,713 at the end of September 2024, according to the Hong Kong Monetary Authority.

The value of residential mortgage loans fell to HK$195.1 billion as of the end of December from HK$207.5 billion in the previous quarter, according to data from the HKMA released Jan. 28.

Unsecured loans declined to HK$14.5 billion by end-December from HK$15.8 billion at end-September, the de facto central bank said.

The three-month delinquency ratio widened marginally to 0.15% as of the end of December from 0.13% at end-September, the HKMA said.