The government-owned agency said new figures show people are using its mortgage insurance scheme to buy flats worth under HK$4 million
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.
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