Hong Kong Budget 2026/2027

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With the 2026/27 Hong Kong SAR Budget fast approaching, Anthony Lau says, ‘the Deloitte Hong Kong Budget Team estimates that the HKSAR government will record a surplus of HKD500 million for the 2025/26 financial year— a substantial turnaround from the HKD67 billion deficit it predicted last February.’ This indicates that Hong Kong’s public finances are getting stronger. It is expected that by the end of March 2026, fiscal reserves will be approximately HKD65.5 billion, equivalent to 10 months of overall expenditure.

The Budget team has been sharing their recommendations on capital markets, wealth management, Northern Metropolis development, and innovative technology. These measures on enhancing the region’s competitive edge across diverse sectors would attract more businesses, capital, technology and talent to Hong Kong, further enhance its role as a “super connector” and “super value-adder”, and promote high-quality economic development through policy support, facilitative measures and tax incentives.

💡 Edward Au and Roy Phan share potential incentives to spur growth in Hong Kong’s strong capital market and expanding family office ecosystem, including preferential tax rates for fund managers and single family offices.

💡 Polly Wan, Doris Chik and Anthony Lau highlight possible tax measures to attract more corporate treasury centres to Hong Kong, bring more companies into the Northern Metropolis and facilitate financing for projects there, and provide urgent financial relief for families affected by major disasters. 

💡 Allen Wong, Michael Cheng and Falcon Chan propose initiatives to support flagship AI projects and startups aligned with Hong Kong's development, encourage greater adoption of AI in retail and boost investment in the low-altitude economy.

💡 Gary Wu and Alvis Kong outline strategies to reduce financing costs for Chinese enterprises going global via Hong Kong and allocate public funding to catalyse private sector investment and spur growth in the Northern Metropolis.

Press Release

2026-27 Hong Kong Budget: Deloitte unveils recommendations to boost capital markets, wealth management, Northern Metropolis and innovation & technology

Deloitte China unveils its proposals for the 2026-27 Hong Kong Budget, outlining tax incentives, supportive measures, and policy initiatives across capital markets, wealth management, the Northern Metropolis, and innovation & technology (I&T) to attract more enterprises, capital, innovation, and talent to Hong Kong, reinforcing the city's strengths as a "super connector" and "super value-adder" and driving high-quality economic growth.

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