Taxpayers won’t lose out if medical centre pays off loan early, health chief says

South China Morning Post South China Morning Post

Hong Kong’s health minister has said the government will not lose out if the medical centre of the Chinese University of Hong Kong (CUHK) repays its public loan early, rejecting calls for a penalty.
Secretary for Health Lo Chung-mau’s comments came at a Legislative Council health services panel meeting on Friday, when CUHK Medical Centre CEO Chung Kin-lai also revealed that the hospital’s financial situation had improved.
Lo was responding to criticism from lawmaker Kitson Yang Wing-kit, who...

Read full article at South China Morning Post →