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Deepline | Bye, A Symphony of Lights! Budget 2026-27 boosts tourism with HK$3 bn injection for new events and marketing Hong Kong's mega events attract visitors to the city, with nearly 50 million tourist arrivals last year, a 12% increase compared to 2024, creating business opportunities and employment for various industries. To further attract tourists, extend their length of stay, and stimulate consumption, the new Budget has allocated around HK$3 billion to promote tourism-related industries.
Deepline
2026.02.26 16:38
Budget 2026-27 | HK's economy to grow 2.5 to 3.5 pct in 2026: Paul Chan Based on assessment of current global and local economic situations, Hong Kong's economy is forecast to grow 2.5 percent to 3.5 percent in 2026, Paul Chan, financial secretary of China's Hong Kong Special Administrative Region government, said on Wednesday.
Hong Kong
2026.02.26 12:30
Budget 2026-27 | HK hikes stamp duty on luxury properties over HK$100 mn to 6.5% The Hong Kong government announced new revenue-raising measures, including a stamp duty increase on high-value residential properties and the implementation of a global minimum tax regime.
Hong Kong
2026.02.25 20:10
Budget 2026-27 | John Lee says measures are innovative and pragmatic: Calls for support from all sectors Financial Secretary Paul Chan presented a new fiscal budget at the Legislative Council today (Feb. 25). Chief Executive John Lee responded by stating that the budget implements various effective measures outlined in the Policy Address and the government's policy direction, leveraging Hong Kong's unique advantages under "one country, two systems" to actively promote the economy, seek development, benefit the people's livelihoods, seize new opportunities, and better integrate with and serve the national development agenda.
Hong Kong
2026.02.25 17:15
2026-27 Budget relief measures: How much is tax refund this year? Financial Secretary Paul Chan presented the 2026-27 Budget today (Feb. 25). This year's relief measures are more generous compared to last year, including the waiver of rates for residential and non-residential properties for the first two quarters of the 2025/26 fiscal year, capped at HK$500 per household, extending one more quarter than last year.
Hong Kong
2026.02.25 16:00
Deepline | CMA President on thriving amidst geopolitical risks: A blueprint for sustainable growth of HK Amid the realignment of the global economic and trade landscape, coupled with the challenges of rising trade protectionism and geopolitical risks, how enterprises can break through has become a focal point. Wingco Lo, President of the Chinese Manufacturers' Association of Hong Kong (CMA), said in an exclusive interview with Wen Wei Po that, facing the pressure of international supply chain restructuring, "going global" has become a key strategy for enterprises to maintain their competitive edge.
Deepline
2026.02.25 15:30
Budget 2026-27 | Basic tax allowance raised to HK$145,000, Child tax allowance increased to HK$140,000 Starting from the assessment year 2026/27, the government plans to increase the basic allowance and single parent allowance from HK$132,000 to HK$145,000, along with raising the married person's allowance from HK$264,000 to HK$290,000. This initiative is expected to benefit approximately 2.09 million taxpayers and will result in an annual reduction in tax revenue of around HK$3.56 billion.
Hong Kong
2026.02.25 15:00
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