Posted inHong Kong

Hong Kong Budget 2020: How to spend HK$10,000… and how not to spend HK$71 billion

Financial Secretary Paul Chan has announced a HK$10,000 handout for all permanent residents over the age of 18. During his budget speech at the legislature last Wednesday, Chan said he hoped to relieve financial burdens and boost consumption in view of the economic downturn. The handout will likely take place weeks before the city’s legislative […]