---
title: "News: The government's accounts for the 2025/26 fiscal year are expected to turn a profit ahead of schedule, with the debt ratio remaining very robust"
description: "Government sources revealed that the government's operating and consolidated accounts for the fiscal year 2025/26 will return to surplus ahead of schedule, benefiting from a booming stock market and h"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276848542.md"
published_at: "2026-02-25T07:15:17.000Z"
---

# News: The government's accounts for the 2025/26 fiscal year are expected to turn a profit ahead of schedule, with the debt ratio remaining very robust

> Government sources revealed that the government's operating and consolidated accounts for the fiscal year 2025/26 will return to surplus ahead of schedule, benefiting from a booming stock market and higher-than-expected revenues from stamp duty and profits tax. Government department spending has decreased, increasing the surplus by HKD 10 billion to 20 billion. In the coming years, Hong Kong's annual bond issuance will increase to HKD 160 billion to 220 billion, while government debt as a percentage of GDP will remain below 20%, maintaining a robust level

Government sources indicate that the government's operating accounts and consolidated accounts for the fiscal year 2025/26 will return to surplus ahead of schedule. Due to a booming stock market, the average daily turnover last year reached HKD 250 billion, driving stamp duty revenue up to HKD 99.5 billion; profits tax revenue is approximately HKD 210 billion, both exceeding expectations. At the same time, government departments "should spend as needed," and a reduction in recurrent expenditure has also contributed an additional surplus of HKD 10 billion to HKD 20 billion.

Sources mentioned that in the coming years, the annual bond issuance scale in Hong Kong will increase to HKD 160 billion to HKD 220 billion, while government debt as a percentage of local GDP will remain below 20%, which is a very robust level, far lower than the 1 to 2 times seen in advanced economies, with Japan at 2.9 times

### Related Stocks

- [03115.HK - ISHARESHSI](https://longbridge.com/en/quote/03115.HK.md)
- [02800.HK - TRACKER FUND](https://longbridge.com/en/quote/02800.HK.md)
- [09115.HK - ISHARESHSI-U](https://longbridge.com/en/quote/09115.HK.md)
- [03037.HK - CSOP HSI ETF](https://longbridge.com/en/quote/03037.HK.md)
- [00HSI.HK - Hang Seng Index](https://longbridge.com/en/quote/00HSI.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 財政預算案 2026︱政府續發行可持續債券 金管局爭取年內制訂銀行綠色轉型規劃指引 | 財政司司長陳茂波在《財政預算案 2026》中宣佈，政府將繼續發行可持續債券，以鞏固香港國際綠色金融中心的地位。計劃包括構建有利的監管環境、加強跨界別合作及落實《香港可持續披露準則》。金管局將完善可持續金融分類目錄，並爭取年內製定銀行綠色轉型 | [Link](https://longbridge.com/en/news/276833757.md) |
| 香港政府稱第四季度 GDP 同比增長 3.8% | 香港政府表示第四季度 GDP 同比增長 3.8% | [Link](https://longbridge.com/en/news/276826499.md) |
| 財政預算案 2026︱陳茂波：住宅成交量去年上升至約 6.3 萬宗 創 4 年新高 | 財政司司長陳茂波宣讀《財政預算案 2026》，他回顧去年住宅物業價量齊升，交投自去年 3 月起持續活躍，全年成交量上升至近 6.3 萬宗，為 4 年新高。樓價全年上升 3.3%，結束前 3 年跌勢；租金亦上升 4.3%。非住宅物業成交量反彈 | [Link](https://longbridge.com/en/news/276825556.md) |
| 香港預算 - 政府預測 2026 年 GDP 增長率將在 2.5% 至 3.5% 之間 | 香港預算 - 政府預測 2026 年 GDP 增長在 2.5%-3.5% 之間 | [Link](https://longbridge.com/en/news/276823856.md) |
| 香港政府稱第四季度 GDP 環比增長 1.0% | 香港政府表示第四季度 GDP 環比增長 1.0% | [Link](https://longbridge.com/en/news/276826601.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.