Hong Kong could issue Islamic bonds to fund the Northern Metropolis megaproject as long as they are a cost-effective option, given the city’s established legal and regulatory framework for such activities under the faith, the finance chief has said. Financial Secretary Paul Chan Mo-po made the remarks on Thursday as he wrapped up his trip to this year’s Future Investment Initiative forum in Riyadh, where his trade delegation also yielded five memorandums of understanding (MOUs). “The legal and...