Deal Journal reported on 10 April about potential ambitions of Hong Kong based corporations to issue Sukuk. Those companies cited include the Airport Authority Hong Kong, which is wholly government-owned. The Chinese newspaper Mingpao is cited that the other firms are rail operator MTR Corp. and Hong Kong Mortgage Corp.
MTR denied it is planning an Islamic bond issue.
Source: http://blogs.wsj.com/deals/2008/04/10/hong-kong-considers-islamic-bonds/