Opinion | After celebrating its surplus, Hong Kong must work on sustaining it

    Opinion | After celebrating its surplus, Hong Kong must work on sustaining it

    After consecutive operating deficits, the operating account has returned to profit. Simultaneously, the consolidated account records a HK$2.9 billion (US$370.6 million) surplus for 2025/26, signalling stability. This turnaround is driven largely by a buoyant stock market and a stabilising property sector, reviving stamp duty revenues and investment income. This provides fiscal space for the government…

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    Opinion | A speedy pardon in the Jimmy Lai case is unlikely

      Opinion | A speedy pardon in the Jimmy Lai case is unlikely

      After being sentenced to 20 years’ imprisonment for national security offences on February 9, Apple Daily founder Jimmy Lai Chee-ying will decide if he wishes to appeal. He may challenge his convictions and/or sentences and has about two weeks to make up his mind. Given the length of his trial (156 days), the mountain of…

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