Hong Kong Budget
Hong Kong Budget pivots to AI after surplus swing
Hong Kong Budget pivots to AI after surplus swing
Financial Secretary Paul Chan pledges $10b for future industries.
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.
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.
HK budget pivots to tech and talent amidst commercial property stagnation
Property impact is indirect, the firm says.
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.
Gov't allocates $100m to lure large-scale exhibitions
The funding will be used on a pilot basis in collaboration with relevant organisations.
MPFA to roll out 'MPF Full Portability' phase one this year
The move covers employees hired from 1 May 2025.
Gov’t injects $200m into BUD Fund to boost SME competitiveness
The funding ceiling of the “Easy BUD” will be raised to $150,000 per application.
Hong Kong outlines ‘One plus Three’ model for life and health tech R&D
A headquarters for the Life and Health Technology Research Institutes will be set up.
Hong Kong to overhaul tax regime to attract more family offices
The amendment bill will be introduced in the first half of 2026.
Electronic bond trading platform to launch in H2
Hong Kong will also encourage more digital bond issuances.
Hong Kong to revise listing req’s and IPO process: FS Chan
Authorities will introduce reforms like an enhanced regulatory regime for listed companies.
Gov't sets up new committee to drive industry-wide AI scaling
Its initial focus will be on life and health technologies and embodied AI.
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