Hong Kong's Property-Linked GREs Aim For Growth - S&P Global Ratings’ Credit Research

Hong Kong's Property-Linked GREs Aim For Growth

Hong Kong's Property-Linked GREs Aim For Growth - S&P Global Ratings’ Credit Research
Hong Kong's Property-Linked GREs Aim For Growth
Published Mar 23, 2025
15 pages (3267 words) — Published Mar 23, 2025
Price US$ 600.00  |  Buy this Report Now

About This Report

  
Abstract:

We believe property related-income will continue to be essential to a set of Hong Kong public and government-related entities (GREs) and their ability to carry out essential public services. The government has strong influence over these entities through its majority ownership, controlling both the boards and the business planning of the entities.

  
Brief Excerpt:

...5 URA (##+/Stable/--) WKCD HKSTP Cyberport MTR (##+/Stable/A-1+) HKHS Government control over board composition All board members are appointed by the chief executive, including 4 public officers. All board members are appointed by the chief executive, including 3 public officers. The chairman is appointed by the chief executive, and the board members are appointed by the financial secretary. All board members are appointed by the shareholders (HKSAR Government). 1 out of 16 board members is a public officer. The chairman is appointed by the financial secretary. The chief executive may appoint 3 directors to the board. 4 out of 25 supervisory board members are public officers. Governing ordinance Urban Renewal Authority Ordinance West Kowloon Cultural District Authority Ordinance Hong Kong Science and Technology Parks Corporation Ordinance Not established under specific ordinances. Mass Transit Railway Ordinance Hong Kong Housing Society Incorporation Ordinance Government's involvement...

  
Report Type:

Commentary

Sector
Global Issuers
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Hong Kong's Property-Linked GREs Aim For Growth" Mar 23, 2025. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hong-Kong-s-Property-Linked-GREs-Aim-For-Growth-3341702>
  
APA:
S&P Global Ratings’ Credit Research. (). Hong Kong's Property-Linked GREs Aim For Growth Mar 23, 2025. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hong-Kong-s-Property-Linked-GREs-Aim-For-Growth-3341702>
  
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