Financial Secretary Paul Chan said the spread of the virus has "dealt a heavy blow to many people, disrupting both their life and work." ... ( read original story ...)
Govt to raise mortgage cap for homebuyers
Financial Secretary Paul Chan on Wednesday announced the government will make it easier for property buyers to obtain mortgages for pricier flats – ... ( read original story ...)
Budget 2022-23: Hong Kong offers office and retail rental relief for city’s small businesses
All small businesses will be allowed to defer their retail and office rental payments by up to six months, Financial Secretary Paul Chan said in his budget briefing on Wednesday. ( read original story ...)
HSBC Shuts More H.K. Branches, Plans to Close All on Saturdays
HSBC Holdings Plc said it will be closing all of its retail branches in Hong Kong temporarily on Saturdays starting from March 5 as the Asian financial hub scrambles to contain its worst wave of Covid ... ( read original story ...)
Hong Kong unveils US$22 billion Budget to offer COVID-19 relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)
Hong Kong Unveils $22 Bn Budget For Virus Plagued Economy
Hong Kong's finance chief on Wednesday unveiled a costly HK$170 billion ($21.79 billion) budget, including tax breaks and consumer spending vouchers, as the city reels under its worst coronavirus ... ( read original story ...)
Hong Kong budget proposals offer COVID relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)
Hong Kong Budget: ‘Not optimistic’ – Economic rebound surpassed global growth last year, but will worsen under Covid
The outlook for Hong Kong’s economy in the first quarter of 2022 does not appear to be optimistic as consumption-related sectors come under “intense pressure” during the fifth Covid-19 wave, the ... ( read original story ...)
Hong Kong’s real GDP expected to grow 2%-3.5% in 2022, financial secretary says
Hong Kong's economy is expected to grow 2%-3.5% in real terms this year, the city's financial secretary said, as the Asian financial hub faces its ... ( read original story ...)
Hong Kong economy expected to grow 2.0per cent-3.5per cent in 2022- finance sec
Hong Kong's economy is expected to grow 2.0per cent to 3.5per cent this year after expanding 6.4per cent in 2021, as social restrictions to tackle a growing COVID-19 outbreak are expected to curb ... ( read original story ...)
Hong Kong budget for fiscal 2022/23
The following are highlights of Hong Kong's budget for the 2022/23 fiscal year starting in April. The budget was presented by Financial Secretary Paul Chan on Wednesday. KEY FIGURES * ... ( read original story ...)
Next China: Hong Kong’s Big Test
Last week, we published a bonus edition of Next China midweek due to the torrent of Hong Kong news — and as we send this edition off, the city is presenting its budget. This week’s been no different ... ( read original story ...)
Hong Kong parents decry child separations during virus surge
Hong Kong parents are being separated from children and babies who test positive for the coronavirus, compounding public anger over the financial hub's lack of readiness for a major outbreak now ... ( read original story ...)
Cantopop star Joey Yung sells Hong Kong flat at loss, leading exodus from property market amid city’s Covid-19 surge
Canto pop star Joey Yung has sold her flat in Causeway Bay at a loss of about HK$1.1 million (S$190,000), according to sources familiar with the deal, joining a wave of Hongkongers selling their homes ... ( read original story ...)