Paul Chan says HK's operating account may return to surplus this fiscal year
發佈日期: 2025-08-03 21:55
TVB News
Financial Secretary Paul Chan said the government's operating account may return to a surplus by the end of the current fiscal year.
Hong Kong recorded GDP growth of 3.1 percent year on year in the second quarter of the year.
Financial Secretary Paul Chan forecasts that growth will continue into the third quarter but the pace may slow down.
Speaking on a radio programme, Chan said third quarter economic performance may be affected by less-vibrant export activity.
But Chan said the government's operating account may return to a surplus by the end of the current financial year.
Earlier, authorities had predicted a deficit, saying a surplus may emerge in the fiscal year of 2026-27.
The finance chief said the local stock market has been active since September last year, leading to an increase in the government's stamp duty revenue.
He stressed that the government's overall financial status is "stable and healthy."
On his Sunday blog, Chan announced the return of the Hong Kong Shopping Festival -- a one-month event promoting the city's products on mainland e-commerce platforms, including RedNote and JD.com.
