The Post examines the difficulties the government faces should it cut expenditure in major spending areas, such as the HK$2 transport subsidy, public healthcare and civil servant salaries Hong Kong's finance chief is expected to deliver his budget speech on February 26 and is under mounting pressure to balance the books.

Hong Kong's financial secretary Paul Chan on Wednesday said the city's regulators have issued nine digital asset platform licences and has more approvals in the pipeline. Chan, speaking at Coindesk's Consensus Hong Kong 2025 conference,

Hong Kong has recorded annual deficits exceeding $20 billion in three of the past four years, according to official figures. The city’s finance chief Paul Chan said Sunday that the deficits were caused by “multiple internal and external challenges” and that a new budget unveiled on Wednesday will tightly control public spending.

Hong Kong’s government has been urged to push development forward by Beijing, but what does that entail in an era of belt-tightening?

Expert calls for measures in budget to lure firms that want to ‘make a fortune’, as finance minister eyes ways to ‘moderately’ boost revenue.

HONG Kong officials this week will unveil plans on how they will solve the mounting challenges facing Asia’s financial capital – chief among them slower growth and the longest string of fiscal deficits in two decades.

Basketball gambling could bring in billions in government revenue if it follows 50 per cent duty levied on football betting.

The Post examines the difficulties the government faces should it cut expenditure in major spending areas, such as the HK$2 transport subsidy, public healthcare and civil servant salaries

Authorities currently charge as much as 75% duty on the net proceeds from betting on horse races and 50% for football matches.

Hong Kong authorities should consider gradually raising some service charges to a cost-recovery level for the government’s long-term financial health despite the move not having an immediate effect on the nearly HK$100 billion (US$12.

Hong Kong's government has been urged to push development forward by Beijing, but what does that entail in an era of belt-tightening? Hong Kong's finance chief is expected to deliver his budget speech on February 26 and is under mounting pressure to balance the books.

Hong Kong financial secretary Paul Chan Mo-po said the region will remain a “stable, open and vibrant market” for crypto.