https://www.scmp.com/rss/525416/feed Pascal Siu is the head of green and sustainability research at Our Hong Kong Foundation, also focusing on economic and financial policy. He recently authored a report on strategies to reduce the fiscal deficit and previously contributed to studies on central bank digital currencies (CBDC). Prior to joining OHKF, he held economist roles at Natixis and within the Hong Kong Financial Secretary’s office. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Kenny Shui,Pascal Siu,Katie Ho Kenny Shui,Pascal Siu,Katie Ho Following a challenging cycle, Financial Secretary Paul Chan Mo-po has delivered a budget returning Hong Kong to the black. After consecutive operating deficits, the operating account has returned to profit. Simultaneously, the consolidated account records a HK$2.9 billion (US$370.6 million) surplus for 2025/26, signalling stability. This turnaround is driven largely by a buoyant stock market and a stabilising property sector, reviving stamp duty revenues and investment income. This provides... https://www.scmp.com/opinion/hong-kong-opinion/article/3344819/after-celebrating-its-surplus-hong-kong-must-work-sustaining-it?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3344819/after-celebrating-its-surplus-hong-kong-must-work-sustaining-it?utm_source=rss_feed Sat, 28 Feb 2026 01:30:07 +0000