Hong Kong Posts First Operating Budget Surplus

On February 25, Hong Kong’s government said it will record its first operating budget surplus after three years of deficits, citing a stock listing boom and economic recovery. The budget projects a HKD 51.3 billion operating surplus and a HKD 2.9 billion consolidated surplus for 2025–26, while raising the debt ceiling to HKD 900 billion and allocating HKD 3 billion for AI and HKD 20 billion for tech parks.