Hong Kong lenders tread carefully amid mixed recovery signs, TransUnion says [Yahoo! Finance]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: Yahoo! Finance
In response to the US Federal Reserve's latest cut, the Hong Kong Monetary Authority - the city's de facto central bank - reduced its base rate to 4.25 per cent in October, its second decrease this year. That has prompted major banks to lower their prime rates and reduce borrowing costs for households, paving the way for Hong Kong's consumer credit market to return to more normalised conditions, according to the Chicago-based firm, which operates in more than 30 countries. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "There's kind of a cautious easing happening," said Marie Claire Lim Moore, CEO of TransUnion's Hong Kong operation, in an interview with the Post. "Retail sales are picking up, but unemployment remains high, so lenders are still being cautious in their decisions."
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TRU
Earnings
- 10/23/25 - Beat
TRU
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- 11/4/25 - Form 4
- TRU's page on the SEC website