Budget 2026-27: Hong Kong bets big on AI, chips, Northern Metropolis with new tax breaks

Budget 2026-27: Hong Kong bets big on AI, chips, Northern Metropolis with new tax breaks

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong finance chief Paul Chan Mo-po unveiled his latest budget on Wednesday, revealing an earlier-than-expected operating surplus after three years of deficits. While the improved fiscal position – driven by a stock market boom – had sparked calls for more sweeteners in this year’s financial blueprint, Chan had sought to manage public expectations by...

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