Expanded Hong Kong scheme allows resale homebuyers to pay sellers directly

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Source: South China Morning Post
Published: 2026-02-05 22:46 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, China, Labour & Workers, Property & Housing, Business & Economy
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Snippet:
HKMA launches a direct transfer option for second-hand property transactions, replacing the traditional escrow system managed by law firms
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