The Hong Kong Mortgage Corporation Limited (HKMC) announces that it has signed a Memorandum of Understanding (MoU) with China International Capital Corporation Limited (CICC) in Hong Kong, China on co-operation of Infrastructure Financing and Securitisation (IFS).
Both parties will enhance co-operation across multiple areas, such as making joint efforts to tap into capital market opportunities related to infrastructure assets, expanding the investor base as well as exploring renminbi opportunities for infrastructure loan securitisation, with a common goal of consolidating Hong Kong’s position as an infrastructure financing hub and facilitating infrastructure investment and financing flows.
Mr Colin Pou, Executive Director and Chief Executive Officer of the HKMC, commented, “The HKMC’s IFS platform has grown tremendously in the past few years, and we continue to expand our collaboration with industry participants in promoting the market. A partnership with CICC is expected to assist in taking our business to the next level, enabling both sides to further pursue a common goal in promoting Hong Kong as an infrastructure financing hub.”
Mr Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of CICC, stated, “CICC has a long history of deep engagement in the international financial markets, which enables us to integrate a global perspective with profound insights about the Chinese market. We sincerely look forward to enhancing collaboration with the government-owned platform of the Hong Kong Special Administrative Region, as this partnership holds significant potential to elevate China’s role in global finance, amplifies our influence among international clients and investors, and drives a new phase of high-level opening up.”
The Hong Kong Mortgage Corporation Limited
11 September 2025
About the HKMC
The HKMC, established in 1997, is wholly-owned by the Hong Kong SAR Government through the Exchange Fund. Operating on prudent commercial principles, the HKMC strives to promote stability of the banking sector, wider home ownership, as well as development of the local debt market and retirement planning market.
To further its mandates on promoting banking sector stability and local debt market development, the HKMC commenced the implementation of the Infrastructure Financing and Securitisation business in 2019, with the aims to fill the infrastructure financing market gaps and to facilitate more efficient capital flow into infrastructure projects.
The HKMC has issued Infrastructure Loan Backed Securities (ILBS), Bauhinia 1, in May 2023, and Bauhinia 2 in September 2024, with a total value of approximately US$405 million and US$423 million respectively to institutional investors. The issuance of ILBS represents an important step taken by the HKMC towards developing an infrastructure financing and securitisation platform in Hong Kong to solidify Hong Kong’s status as the global infrastructure financing hub.
About CICC
China International Capital Corporation Limited (CICC, 601995.SH, 3908.HK) was established in 1995. CICC’s experience in professional services includes leading multiple milestone transactions, demonstrating its deep engagement in China’s economic reform and development. CICC’s vision is to become a respected, innovation-driven, leading global investment banking institution. As an investment banking institution with Chinese roots and international reach, CICC continues bringing first-class financial services through its extensive network and outstanding cross-border capability to help its clients accomplish their strategic development goals.
In the presence of Mr Howard Lee, Executive Director of the HKMC and Deputy Chief Executive of the Hong Kong Monetary Authority (back row, left) and Mr Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of CICC (back row, right), Mr Colin Pou, Executive Director and Chief Executive Officer of the HKMC (front row, left) and Ms Liang Dongqing, Member of the Management Committee of CICC (front row, right), signed a MoU on co-operation of Infrastructure Financing and Securitisation.