Budget 2026-27: Paul Chan to lead tax policy review as incentives unveiled
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Hong Kong's Financial Secretary Paul Chan will lead a tax policy review as part of the 2026-27 budget. He noted that a stock market boom has led to a surplus in the government's operating account for the 2025-26 financial year, estimated at HK$500 million (US$64 million). However, Chan emphasized the need for prudence in maintaining cash reserves to address geopolitical uncertainties and support long-term growth, cautioning against potential market speculations.
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