Hong Kong Business

Capital Account will remain in the red until 2031, driven by a massive infrastructure push that will be funded by a bond program.

They will also help set up a trade association for the gold industry, said FS Chan.

The administration is exploring ways to encourage developers to partner with technology key enterprises.

The funding will be used on a pilot basis in collaboration with relevant organisations.

The move covers employees hired from 1 May 2025.

The funding ceiling of the “Easy BUD” will be raised to $150,000 per application.

It carried over 280,000 passengers during the period.

A headquarters for the Life and Health Technology Research Institutes will be set up.

The amendment bill will be introduced in the first half of 2026.

It will also launch an incentive scheme for green vessels registered in the city.

Hong Kong will also encourage more digital bond issuances.

It tracks sea, land, and air cargo in real time.

Authorities will introduce reforms like an enhanced regulatory regime for listed companies.

They seek to increase RMB bond issuance and increase cross-border RMB transactions.