Hong Kong

NEWS ANALYSIS

Hong Kong’s Budget is back in the black – but not without sacrifice

The good news is thanks largely to an asset market boom and the government’s austerity measures

The government will withdraw HK$150 billion (S$24.2 billion) after a record-breaking year for the Exchange Fund, which serves as the last line of defence to maintain the Hong Kong dollar’s peg against the US currency..

Hong Kong to tap peg defence fund for first time in 40 years

The HK$4.1 trillion fund works as a backstop for the city’s currency peg to the US dollar

Paul Chan, Hong Kong's financial secretary, delivering his Budget speech at the city's Legislative Council. He  emphasised the government would strive to maintain fiscal balance by “strictly containing” expenditure.

Buoyant economy set to turn around Hong Kong’s fiscal deficit, Budget shows

2026 GDP expected to grow 2.5% to 3.5%; HK$20 billion earmarked for two border zones to drive new tech industries

The new measure is expected to affect about 0.3% of residential property deals in the city and bring in around HK$1 billion of revenue each year, according to Paul Chan.

Hong Kong hikes stamp duty for luxury homes as sales rebound

Developers have made a number of high-profile luxury property sales in the past few months

Hong Kong Financial Secretary Paul Chan has forecast the economy to grow 2.5% to 3.5% in 2026.

Hong Kong sees fast growth continuing into 2026 on rebound

For the first time ever, the city will draft its own five-year blueprint to align with the mainland version

Financial Secretary Paul Chan has been wary of calling a turnaround, voicing only cautious optimism for the year ahead.

Hong Kong is near end of budget deficit era but caution prevails

A key focus of the city’s investment push is the Northern Metropolis

Singapore also offers depth through a mature wealth-management sector with trustees, banks and advisers experienced in private markets, cross-border structures and other operational demands.

Why Asia’s family offices are moving to multi-hub models

Even as market access broadens, Singapore remains the centre for governance and oversight

Business units owned by one of Hong Kong’s richest families have agreed to pay as much as HK$1.5 billion to shareholders of clothing company Giordano International .

Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator

The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rules

Lim Chung Chun, chairman and CEO of iFast, says the rebranding of FSMOne is to signal its intent to focus more on global customers.

iFast unveils ‘Truly Global Business Model’, rebrands FSMOne to FSM Global

The group is repositioning itself to view its customers as international – not just from the markets in which it operates

Hong Kong is in the midst of an IPO boom, with first-time share sales coming off a four-year high in 2025 and already off to the busiest-ever start of a year.

Hong Kong grapples with banker shortage to keep up with IPO boom

Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperwork