Hong Kong budget: everything you need to know from tax breaks to a big bet on AI

SCMP | Feb. 25, 2026, 10:57 p.m. | Original

Financial Secretary Paul Chan delivers his budget. Photo: Sam Tsang

We have put together stories from our coverage of Hong Kong’s 2026-27 budget. If you would like to see more of our reporting, please consider .

Hong Kong’s finance chief on Wednesday lived up to his credentials as a chartered accountant when he produced a surprisingly robust budget, flush with surpluses and full of initiatives to be funded through substantial means at his disposal.

2. Here is how you and businesses will benefit from Hong Kong budget sweeteners hike

The budget also proposed increasing tax allowances from 2026-27, with the basic allowance and the single parent allowance rising from the current HK$132,000 to HK$145,000. Photo: Jelly Tse
The budget also proposed increasing tax allowances from 2026-27, with the basic allowance and the single parent allowance rising from the current HK$132,000 to HK$145,000. Photo: Jelly Tse

Hong Kong authorities will offer sweeteners of about HK$22 billion (US$2.8 billion) to residents and businesses, up from HK$7.8 billion last year, as public coffers are set to pivot from a deficit to a surplus.

3. Budget: Hong Kong bets big on AI, chips, Northern Metropolis – as it happened

Catch up on our live coverage of the budget address.

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