Hong Kong Mortgage Corp

Established in 1997, the Hong Kong Mortgage Corporation Ltd, is wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government through the Exchange Fund. Its mandate is to enhance banking stability through offering a reliable source of liquidity, promoting wider home ownership in Hong Kong and helping with the development of Hong Kong’s debt securities market, including mortgage-backed securities.


HK's new experiment in state capitalism

It may be the effect of 10 years as part of a socialist state, but Hong Kong government officials have decided to go into business, and they are doing so on an international scale.