From the pages of the South China Morning Post this week in 1964
The Commonwealth Development Corporation announced in London that it had agreed, in principle, to take part in a new mortgage company to be formed in association with the Hong Kong government.
The announcement brought closer a home ownership scheme for the colony's white-collar, middle-income group.
The new company was expected to provide mortgage loans on flats in an approved price range in middle-income housing schemes.
The corporation was slated to provide up to HK$16 million, with the Hong Kong government matching the figure.
The Hongkong and Shanghai Banking Corporation issued HK$15 million in HK$1, 50-cent and 10-cent coins in response to the annual Lunar New Year demand.