Hong Kong’s MTR Corp raises record A$2 billion in first Australian dollar green bond sale

    Hong Kong’s MTR Corp raises record A$2 billion in first Australian dollar green bond sale

    Hong Kong’s rail giant has sold its first-ever Australian dollar-denominated green bonds for a record A$2 billion (US$1.4 billion) to fund environmentally friendly projects, marking the country’s largest order book. The bonds, issued in two equal tranches, were oversubscribed more than sixfold by a variety of investors, the MTR Corporation said on Tuesday. The offering…

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    Police have said that officers intercepted 50 vehicles on suspicion of illegal modification during the two-day operation. Photo: Handout

      Hong Kong police arrest 2, record 220 offences in illegal road racing crackdown

      Hong Kong police arrested two drivers and found that motorists had committed about 220 traffic violations in a two-day crackdown on illegal vehicle modifications, speeding and other offences. Police said on Sunday the arrests were made during the force’s two-day operation called ‘Fossington’ over the weekend, targeting traffic violations across New Territories locations such as…

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