The Chairman of the HKMC and Financial Secretary of the Government of the Hong Kong Special Administrative Region, Mr Paul Chan, said, The announcement of the key design features of the Scheme in April has attracted widespread public attention and discussion, including suggestions for enhancing the Scheme.
Chief Executive Officer of the HKMC, Mr Raymond Li, said, The HKMC Board has requested us to strive to launch the Scheme by mid-2018.
has developed its own hybrid system called TMED(Transmission Mounted Electric Device); the TMED is equipped in the Sonata, and Optima Hybrids, which are selling steadily in the market.
Members were pleased to learn that the HKMC
is finalising the details with a view to launching the scheme in the middle of next year.
has already approved two applications on the first day of launch.
The Chief Executive Officer of the HKMC
, Mr Raymond Li, said, Taking into account the current market conditions, these revisions aim to ensure that the HKMC
is taking a prudential approach to risk management on its exposure to high LTV mortgage lending.