Financial Secretary Paul Chan expects a fiscal surplus of HK$58.7 billion for 2018-19, down by 57 per cent from the previous year. Photo: Sam Tsang

Hong Kong budget 2019: six key takeaways, from tax relief to help for struggling businesses

  • Financial Secretary Paul Chan presented his budget on Wednesday morning
  • He announced HK$150 billion worth of initiatives and funding in two-hour speech
Topic |   Hong Kong Budget 2019-2020

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Financial Secretary Paul Chan expects a fiscal surplus of HK$58.7 billion for 2018-19, down by 57 per cent from the previous year. Photo: Sam Tsang
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Joyce Ng

Joyce Ng

Joyce Ng covers Hong Kong’s politics and housing issues. She joined the Post in 2008 to focus on urban planning, housing and heritage news, and has won awards for reporting on developers’ tricks in flat sales.

Jeffie Lam

Jeffie Lam

Jeffie writes predominantly about Hong Kong politics, but is also interested in social welfare issues, such as the city's ageing population and elderly care. She joined the Post in 2013 after beginning her career as a political reporter in 2009. In 2016, she won the English features merit prize in the 20th Human Rights Press Awards.