Hong Kong to Mass Test City in March to Tame Virus

The video discusses Hong Kong's plan to conduct mass COVID-19 testing with assistance from mainland China, aiming to test the entire population multiple times within a month. The challenges include potential lockdowns and the strain on healthcare facilities. Additionally, the video covers Hong Kong's financial situation, highlighting a projected budget deficit and measures like tax rebates and consumption vouchers to support the economy. The impact of the Federal Reserve's rate hikes and potential property market changes are also addressed.

What is the expected budget deficit for Hong Kong, and how does it compare to previous years?

What potential impacts could the Federal Reserve's rate hike cycle have on Hong Kong's economy?