Hong Kong to Hand Out New Spending Vouchers

The video discusses the unexpected continuation of Hong Kong's $5000 voucher program, which surprised many economists who thought the city was moving away from such stimulus measures. This decision contributes to Hong Kong's ongoing fiscal deficit, contrary to expectations of a return to surplus. The budget did not address foreign talent attraction, a key concern for re-establishing Hong Kong as an international finance hub. Although a new visa program was previously announced, it was not a major focus in the current budget.

What was the centerpiece of the city's leader's speech last year?

What is the current status of the new visa program announced last year?