Link Reit manages properties including Temple Mall in Wong Tai Sin. Why is the government proposing buying private properties to set up welfare facilities, when it can just buy back Link Reit? Photo: Sam Tsang
Opinion
Opinion
In a smarter budget, Hong Kong would spend HK$20 billion on buying back Link Reit and improving welfare
- The budget proposal to buy private properties to set up welfare facilities has come under fire, and the welfare secretary has said the government will not buy them from Link Reit. Actually, a smarter solution would be to buy back Link Reit
Link Reit manages properties including Temple Mall in Wong Tai Sin. Why is the government proposing buying private properties to set up welfare facilities, when it can just buy back Link Reit? Photo: Sam Tsang
An protester holds a ball with Financial Secretary Paul Chan Mo-po’s face on it, at the entrance of Hong Kong’s Legislative Council, on February 27. The last syllable of Chan’s name sounds like “ball” in Cantonese. Photo: EPA
Opinion
Opinion
Budget misfire: Paul Chan is throwing billions at Hong Kong’s problems, but offering no real solutions
- The new budget is a hodgepodge of crowd-pleasing measures and deal-making with sectoral interests. The financial secretary has failed to think through issues facing Hong Kong’s economy, education system and health sector
An protester holds a ball with Financial Secretary Paul Chan Mo-po’s face on it, at the entrance of Hong Kong’s Legislative Council, on February 27. The last syllable of Chan’s name sounds like “ball” in Cantonese. Photo: EPA