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Govt records HK$19.6 bn deficit in first four months of fiscal year The government announced today (Aug. 31) the financial position for the first four months of the current fiscal year, ending July 31, 2026. Expenditure and revenue for the period amounted to HK$249.7 billion and HK$193.6 billion respectively. After taking into account the HK$48.2 billion raised from the issuance of government bonds and the repayment of HK$11.7 billion in principal, a deficit of HK$19.6 billion was recorded. Fiscal reserves stood at HK$645.9 billion as of July 31, 2026.
Hong Kong
2026.08.31 19:05
Watch This | A twirl, a 'Fu' and a taste of China: Young visitors get hands-on with Chinese culture For a group of young visitors from around the world, discovering Chinese culture meant more than simply watching or listening—they got to put on traditional Hanfu, pick up a Chinese calligraphy brush and write their own "Fu" character.
Video
2026.08.31 18:02
Observatory to issue Standby Signal No. 1 at 6:10 pm The remnant of Saudel is moving across the vicinity of the southeastern coast of Hainan Island. It is expected to intensify into a tropical depression again shortly. The Observatory will issue the Standby Signal No. 1 at 6:10 pm.
Hong Kong
2026.08.31 17:01
Deepline | A closer look at second World Humanoid Robot Games On the evening of Aug. 26, the second World Humanoid Robot Games came to a close at the National Speed Skating Oval, known as the "Ice Ribbon," in Beijing. Over five days of competition, more than 2,000 robots competed side by side, with numerous records set and broken along the way.
Deepline
2026.08.31 16:15
HK golfer Isaac Lam claims Fanling Classic title on home soil Hong Kong golfer Isaac Lam claimed the title at the Fanling Classic on Sunday (Aug. 30), finishing 17 under par to secure his second China Tour victory.
Hong Kong
2026.08.31 15:15
Junlebao: Improper warehouse handling caused product damage and excess bacterial count in pure milk The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced on Aug. 26 that a batch of Junlebao pure milk samples had been found to contain ten or more colonies, exceeding the standard set under the Milk Regulations (Cap. 132, sub. leg. AQ). The affected products were sealed and did not reach the market.
Hong Kong
2026.08.31 14:20
Opinion | Nepal: The money never went to dams—it went to capture the country Last week's flash flood on the Nepal-Xizang border was not fate. That is the disaster in front of the cameras. The cause is older, quieter, and far more deliberate.
Angelo Giuliano
2026.08.31 12:39
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