Hong Kong’s finance chief confirms early surplus, vows more elderly support

Hong Kong’s finance chief has confirmed that the city is set to achieve an early operating account surplus, driven by strong financial market performance and increased stock trading stamp duty revenue. Financial Secretary Paul Chan Mo-po on Saturday vowed to make the “utmost” effort to address older residents’ concerns over the high cost of living, as he responded to calls for additional welfare measures during the first public forum for the coming budget. He also stressed that the government...