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More funding could be sought if HK$10b university town loan scheme falls short

More funding could be sought if HK$10b university town loan scheme falls short
South China Morning Post Friday 06 November 2026, 13:41 UTC By William Yiu 1 min read
Key Points

Hong Kong’s education secretary has said she will seek additional funding if a HK$10 billion loan scheme falls short of the needs of institutions setting foot in the Northern Metropolis’ first university town, while warning that their financial plans must be feasible and they must not “take chances”. A task force jointly established by the Hong Kong Monetary Authority and the Hong Kong Association of Banks will designate 11 tertiary institutions as public sector entities to help them secure...

Hong Kong’s education secretary has said she will seek additional funding if a HK$10 billion loan scheme falls short of the needs of institutions setting foot in the Northern Metropolis’ first university town, while warning that their financial plans must be feasible and they must not “take chances”. A task force jointly established by the Hong Kong Monetary Authority and the Hong Kong Association of Banks will designate 11 tertiary institutions as public sector entities to help them secure bank...
Hong Kong’s (LOCATION) the Northern Metropolis (LOCATION) the Hong Kong Monetary Authority (ORG) the Hong Kong Association of Banks (ORG)
Originally published by South China Morning Post Read original →

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