CUHK Medical Centre to repay HK$4 billion government loan early
The Chinese University of Hong Kong says it plans to repay a HK$4 billion government loan for CUHK Medical Centre ahead of schedule, using reserves built up after a turnaround in the hospital's finances.Council chairman John Chai Yat-chiu said the university raised the early repayment proposal with the Health Bureau last month.He said the council had approved using part of an undesignated fund to make the repayment as a loan to the hospital.The hospital had been described as debt-ridden, but Chai said an extension to the repayment period approved last year gave the institution time to improve governance and operations.He... [Continue Reading]
360LiveNews | 08 May 2026 13:04 LONDON
