MTR Raises a Lot of Money for Green Projects

Introduction

The MTR company sold green bonds. They got 18.8 billion Hong Kong dollars. They will use this money to build new trains and help the environment.

Main Body

This is the biggest sale of this kind in Hong Kong. Many people wanted to buy these bonds. The total demand was over 60 billion dollars. The company sold three types of bonds. One is for five years. One is for ten years. One is for thirty years. Michael Fitzgerald is the finance director. He says people trust the company. Jeny Yeung is the Chief Executive. She says the money will help build big train projects. These projects will help people travel without hurting nature. Big companies and pension funds bought most of the bonds. Regular people can also invest through some bank plans. The company will only spend this money on green projects.

Conclusion

The MTR company now has the money for its long-term plans. They want to build a better and cleaner city.

Vocabulary Learning

build
to make something by putting parts together建造
Example:The money will help build big train projects.
invest
to put money into something to make a profit投資
Example:Regular people can also invest through some bank plans.
money
coins or notes used to buy things
Example:They will use this money to build new trains.
sold
past tense of 'sell', meaning to give something in exchange for money
Example:The company sold green bonds.
travel
to go from one place to another旅行
Example:These projects will help people travel without hurting nature.