Hong Kong

Hong Kong hits operating surplus as fiscal reserves rise: S&P

Economic growth and market activity underpin surplus and infrastructure plans.

Hong Kong allocates $65m for workforce development

Schools are also launching new programmes for aviation and finance.

Government to launch new hydrogen certification system

It will align the region with Mainland China and international markets.

Tourism Board gets $1.66b under 2026 Budget

The funding targets events and higher-spending visitors.

New rate concessions and tax cuts to slash costs for enterprises

Financial Secretary Chan announces a 100% profits tax reduction in his Budget Speech.

Gov’t freezes commercial land sales as 98,000-unit housing blitz begins

The 2026 Budget targets 196,000 public housing units over five years, up 80%.

Hong Kong unleashes $80m "IP Blitz" to monetise local patents

The 2026 Budget backs IP Academy and pilot scheme to turn R&D into tradable assets.

HKIA Terminal 2 departure hall to open in May

Budget says new facilities will lift capacity.

Hong Kong sets task force to align with 15th plan

Chief Executive to lead cross-bureau task force.

uSMART opens Admiralty office with sunlit collaboration hubs

The office features two main meeting rooms designed to maximise natural light.

Hong Kong faces five-year capital deficit as infrastructure spending peaks

Capital Account will remain in the red until 2031, driven by a massive infrastructure push that will be funded by a bond program.

Hong Kong eases stamp duty and eyes gold tax incentives

They will also help set up a trade association for the gold industry, said FS Chan.

Government eyes private land conversion in Northern Metropolis

The administration is exploring ways to encourage developers to partner with technology key enterprises.