Hong Kong redevelopment body signs HK$13 billion bank loan amid deficit

[HKFP] - 01/2/2025

Hong Kong’s cash-strapped urban renewal body has secured a HK$13 billion bank loan to fund its redevelopment projects. The Urban Renewal Authority (URA) on Thursday said it had signed a loan agreement amounting to HK$13 billion with a consortium of 13 banks, “whose collective support underscores (…)



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