The Chairman of the
HKMC and Financial Secretary of the Government of the Hong Kong Special Administrative Region, Mr Paul Chan, said, 'The global economic outlook is darkened by heightened uncertainties, and the Hong Kong economy is facing significant downward pressure.
The
HKMC issued 30-year bonds totalling HK$1 billion for the first time to support potential new fixed-rate businesses
HKMC has developed its own hybrid system called TMED(Transmission Mounted Electric Device)[1]; the TMED is equipped in the Sonata, and Optima Hybrids, which are selling steadily in the market.
Commercial banks in Hong Kong are wary about Hong Kong Mortgage Corporation's (
HKMC) new role.
Citing
HKMC executive director Peter Pang, the report said that
HKMC will own 90 percent of the venture, while PBOC will hold the remaining 10 percent interest.