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

Hong Kong’s finance chief has confirmed the city will achieve an early operating account surplus thanks to strong financial market performance and increased stock trading stamp duty revenue, as he addressed calls for more welfare measures for the elderly at the first public forum for the coming budget. Financial Secretary Paul Chan Mo-po vowed on Saturday to make the “utmost” efforts to address elderly residents’ concerns over high living costs, while highlighting that authorities had not...