Group 1 - The core viewpoint of the articles highlights a significant decline in the registration and application of reverse mortgages in Hong Kong, with June 2025 recording only 26 registrations, a decrease of 25.7% from May 2025, marking a seven-month low since November 2024 [1] - In the first half of 2025, Hong Kong recorded a total of 190 reverse mortgage registrations, which is a 14.8% decrease compared to 223 registrations in the same period of 2024 [1] - Bank of China Hong Kong has maintained the highest participation in the reverse mortgage market, accounting for 100% of the 26 registrations in June 2025 and holding a market share of 97.4% in the first half of the year, with a total of 185 registrations, down 15.1% year-on-year [1] Group 2 - The average age of reverse mortgage applicants is approximately 69 years, with an average property value of HKD 5.6 million, and the average monthly annuity amount is HKD 16,200 [2] - The most popular option among applicants is the lifetime annuity, which provides maximum security and eliminates repayment concerns, accounting for 53.4% of applications; the second most popular option is the 10-year fixed term, chosen by 21% of applicants for its higher annuity amount [2]