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Steady3 stories1 sourcesLast updated: 4/24/2026

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Cathay raises HK$2.08 billion after tapping public bond market for first time
NEWS
4/24/2026

Cathay raises HK$2.08 billion after tapping public bond market for first time

Cathay Pacific Airways has raised HK$2.08 billion (US$265.4 million) by selling Hong Kong dollar-denominated bonds to boost its working capital, tapping the public bond market for the first time. Hong Kong’s flag carrier said on Friday that the bond issuance was the biggest of its kind by a locally based, non-public sector company. The three-year bonds, which carried a fixed interest rate of 3.78 per cent, were sold mainly to professional investors such as asset managers, banks and private...

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SCMP Economy
Hong Kong police arrest 9 over HK$1.7 million in fake travel insurance claims
NEWS
4/23/2026

Hong Kong police arrest 9 over HK$1.7 million in fake travel insurance claims

Hong Kong police have arrested nine people over their alleged involvement in a travel insurance fraud syndicate that staged overseas accidents to claim more than HK$1.7 million (US$217,053). The force said on Thursday it had received a report from the Hong Kong Federation of Insurers in October concerning suspicious travel insurance claims, ranging from “a few thousand to tens of thousands of Hong Kong dollars”. “Police analysed more than 70 suspicious claim cases and discovered that these...

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SCMP Economy
MTR Corp Launches HK$18.8 Billion Green Bond Issuance, Largest Hong Kong Dollar Market Offering
NEWS
4/22/2026AI summary

MTR Corp Launches HK$18.8 Billion Green Bond Issuance, Largest Hong Kong Dollar Market Offering

MTR Corporation has completed the largest green bond issuance in the Hong Kong dollar market, raising HK$18.8 billion (US$2.4 billion) through five-year, 10-year and 30-year bonds. The five-year tranche of HK$8.3 billion carried a 2.88% coupon, the 10-year HK$7.5 billion tranche was priced at 3.30%, and the 30-year HK$3 billion tranche at 4.00%. The overall order book exceeded HK$60 billion, three times the issue size, reflecting strong institutional demand, particularly for the 30-year bond which attracted retirement fund managers.

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SCMP Economy