The Zhitong Finance App learned that according to the latest data from the Meridian Mortgage Referral Research Division and the Land Registry, the number of existing property mortgage registrations in Hong Kong in August 2026 was 8798, an increase of 1,871 (27%) over July; the number of real estate mortgage registrations in that month was 762, up 321 (72.8%) from July.
Compared with the first 8 months, a total of 57,432 mortgage registrations were recorded in the first 8 months of this year, an increase of 16037 cases (38.7%) compared with the same period last year, a record high of the first 8 months of nearly 4 years; a total of 4,077 real estate mortgage registrations were recorded in the first 8 months of this year, a decrease of 295 cases (6.7%) compared with the same period last year.
Cao Deming, chief vice president of Meridian Mortgage Referral, said that in August, mortgage registrations for current buildings increased by more than 20%, mainly driven by buyers attending the Clubhouse in Kai Ying Garden, Yuxing Garden and Green Home Jinbai Garden; the surge in real estate mortgage registrations surged by more than 70% in the first half of the year, driven by new property buyers who chose instant payment (Haishuwan I, Shou'an, Yimu Phase 2, etc.). Recently, developers began implementing the latest sales arrangements. It is expected that the atmosphere in the property market will gradually recover, and the property market is also expected to maintain a steady trend.
In terms of current mortgage bank market share in August, Bank of China Hong Kong won 23 consecutive championships, topping the list with a market share of 33.2%; HSBC ranked second with a market share of 25%; Hang Seng Bank ranked third with a market share of 13.4%; Standard Chartered Bank ranked fourth with a market share of 8.1%; and Bank of Communications rose one level, ranking fifth with a market share of 3.6%.
In terms of market share of real estate mortgage banks in August, HSBC ranked first with a market share of 30.6%; Bank of China Hong Kong dropped one level, ranking second with a market share of 23.1%; Standard Chartered Bank ranked third with a market share of 14.8%; Hang Seng Bank ranked fourth with a market share of 12.6%; and Industrial and Commercial Bank of China (Asia) ranked fifth with a market share of 5.4%.
In August 2026, the current mortgage market share of the four major banks increased by 3.1% to 79.7% from 76.6% last month, reaching a record high of more than five and a half years. Cao Deming said that from the beginning of the year until now, the four major banks have been actively seeking mortgage business, introducing diversified mortgage plans, and increasing related benefits such as mortgage cash rebates to attract high-quality customers and maintain their mortgage market share at a high level.
Currently, only one major bank has extended the application period for its fixed rate mortgage plan until December 31 this year. With no room for a sharp decline in interest rates, it is expected that the plan will continue to attract customers to choose. In addition, some small and medium-sized banks that have not actively expanded their mortgage business have also begun to make efforts to raise their mortgage-related benefits. It is expected that the interbank mortgage war will continue until the end of the year.