EXCERPTS-Hong Kong presents budget for fiscal 2026/27
Hong Kong's Financial Secretary Paul Chan presented the budget for fiscal 2026/27, focusing on support for businesses and residents to boost economic recovery amid challenges like U.S. trade uncertainty. Key projections include a 3.5% GDP growth in 2025 and a forecast of 2.5%-3.5% growth for 2026. The budget allocates funds for AI integration, healthcare initiatives, and infrastructure projects, including a national manufacturing innovation center. Measures to enhance the regulatory framework for listed companies and promote digital assets are also outlined.
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