Hong Kong dollar lending rates are all rising, with one-month rates reaching a four-month high.

According to the Wisdom Financial APP, on September 18, the Federal Reserve cut interest rates by 25 basis points, but the Hong Kong Interbank Offered Rate (HIBOR) remains high. This morning, HIBOR rates for the Hong Kong dollar rose across the board, with the one-month rate related to mortgages at 3.36089%, an increase of 14.982 basis points, the highest since May 6, reaching a four-month high. The three-month HIBOR, which reflects bank funding costs, stood at 3.39827%, an increase of 10.071 basis points.