BOC Hong Kong New Mortgages Rise 29.1% to 13,333 in H1, Market Share 30.7%
BOC Hong Kong reported 13,333 new mortgage loans in the first half, up 29.1% year on year, with a market share of 30.7%, ranking first. Overall wealth management income rose 14% annually, while mortgage balances reached HK$487.3 billion, up 3.3% from end-2025, outpacing market growth of 2.5%.
BOC Hong Kong continues to see rising customer demand for cross-border wealth management services. Vice President Chen Wen said at the results briefing that the mainland has recently introduced several measures related to cross-border investment. As the connectivity mechanisms between mainland and Hong Kong financial markets deepen, customer demand for cross-border wealth management services and asset allocation has increased. The bank maintained its current overall operating arrangements, with smooth account opening in the first half. The number of cross-border individual customers, total cross-border customer wealth management value, and personal cross-border business income all recorded steady growth, while overall wealth management income rose 14% year on year.
In residential mortgages, the Hong Kong housing market saw both volume and price increases in the first half. BOC Hong Kong originated 13,333 new mortgages during the period, up 29.1% year on year, with a market share of 30.7%, continuing to rank first. As of end-June, the bank's mortgage loan balance stood at HK$487.3 billion, up 3.3% from end-2025, compared with market growth of 2.5%.