Monday, October 26, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

HKMC reports HK$3 billion interim profit as debt issuance rises

HKMC reports HK$3 billion interim profit as debt issuance rises

Photo: Blockchain.News

The Hong Kong Mortgage Corporation Limited said its unaudited consolidated profit after tax rose sharply in the first half of 2026, helped by a reversal of reverse-mortgage accounting losses, a smaller annuity-related loss and higher investment income from placements with the Exchange Fund. The government-owned lender also reported higher corporate debt issuance and a larger digital-bond debut across Hong Kong dollar and renminbi tranches, according to its interim-results highlights released on 26 October 2026. HKMC said unaudited consolidated profit after tax for 1H 2026 was HK$3.0 billion, compared with HK$53.3 million in 1H 2025.

Source: Blockchain.News

Latest in Crypto Today

All Crypto Today stories