fbpx

Type to search

Debenture Prices for Hong Kong Schools Plunge – SCMP


Notice: Undefined index: imp_points in /var/www/asiafinancialcom/wp-content/themes/atf/single.php on line 130

Consultants who specialise in selling school debentures to parents seeking to increase their children’s chances of enrolment said prices may pick up when the border reopens


Hong Kong
Debentures are one of the main sources of income for international schools, and are used to finance construction, maintenance and equipment. Photo: AFP.

 

Prices of debentures issued by international schools in Hong Kong have plummeted by as much as 40% from their peaks, with consultants attributing the drop to the city’s closed borders and a wave of emigration, the South China Morning Post reported.

The consultants, who specialise in selling school debentures to parents seeking to increase their children’s chances of enrolment, said prices were expected to pick up when the border reopened, the report added.

 

Read the full report: SCMP.

 

ALSO READ:

 

US Firms in Hong Kong Struggling to Hire, Losing Local Staff

PwC Forecasts Much Smaller Hong Kong Budget Deficit

Hong Kong’s Tighter Covid Curbs Prompt Grim Economic Outlook

 

 

 

 

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

logo

AF China Bond