Financial Secretary Paul Chan speaking on ‘Voices from the Hall – Budget Consultation’, a RTHK programme, on Saturday morning. Photo: Xiaomei Chen

Cooling property market hits budget surplus as figures for 2019 set to be two-thirds down on last year’s, says Hong Kong financial secretary Paul Chan

  • Chan said on Saturday that the fall in surplus was caused by a drop in land sales and stamp duties, and increased expenditure
Topic |   Hong Kong economy

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Financial Secretary Paul Chan speaking on ‘Voices from the Hall – Budget Consultation’, a RTHK programme, on Saturday morning. Photo: Xiaomei Chen
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