The Hong Kong Mortgage Corporation Limited (HKMC) announced it has signed a memorandum of understanding with China International Capital Corporation Limited (CICC) to cooperate on infrastructure financing and securitisation under HKMC’s Infrastructure Financing and Securitisation (IFS) business. The cooperation is framed around joint efforts to tap capital market opportunities linked to infrastructure assets, broaden the investor base, and explore renminbi opportunities for infrastructure loan securitisation. HKMC launched the IFS business in 2019 and has issued Infrastructure Loan Backed Securities (ILBS) through Bauhinia 1 in May 2023 and Bauhinia 2 in September 2024, with total values of approximately USD 405 million and USD 423 million, respectively, to institutional investors. The MoU signing took place in the presence of Howard Lee, Executive Director of the HKMC and Deputy Chief Executive of the Hong Kong Monetary Authority.
Hong Kong Monetary Authority 2025-09-11
Hong Kong Monetary Authority’s Hong Kong Mortgage Corporation signs MoU with CICC to expand infrastructure financing and securitisation cooperation
The Hong Kong Mortgage Corporation Limited (HKMC) signed a memorandum of understanding with China International Capital Corporation Limited to collaborate on infrastructure financing and securitisation. This partnership aims to leverage capital market opportunities, expand the investor base, and explore renminbi opportunities for infrastructure loan securitisation. The MoU was signed in the presence of Howard Lee, Executive Director of HKMC and Deputy Chief Executive of the Hong Kong Monetary Authority.