Rainy days and a ‘listening ear’: did Hong Kong’s finance chief deliver in his budget address?

Feb 24, 2022 | INVESTING

It has been the catchphrase of Hong Kong’s finance chiefs since the city returned to Chinese rule that the government should save surpluses in the public coffers for a “rainy day”.The city is now facing not just any “rainy day” but is battling a tsunami of infections unleashed by the fifth wave of the coronavirus. Such hard times require extraordinary strategies and Financial Secretary Paul Chan Mo-po on Wednesday did not disappoint, analysts said.Confronted by what he described as “the hardest…

Read More

Pin It on Pinterest