The Zhitong Finance App learned that the Hong Kong Government today announced the financial situation for the first three months of this fiscal year (that is, as of June 30, 2026). Expenses and revenues for the first three months of this fiscal year were HK$185.5 billion and HK$163.9 billion, respectively. After taking into account the proceeds of the issuance of government bonds of HK$41.9 billion and the repayment of the principal amount of HK$7.5 billion on government bonds, a surplus of HK$12.8 billion was recorded. The financial reserve was HK$678.3 billion on June 30, 2026.

A Hong Kong government spokesman said that as of June, a surplus of HK$12.8 billion was mainly due to the implementation of the 2026-2027 Budget proposal to transfer HK$75 billion from the Exchange Fund to the Capital Works Reserve Fund in June 2026. The transfer was a one-time arrangement, and the above surplus would later decline. According to the previous collection model, most of the main income, such as salaries tax and profits tax, was collected in the latter half of the financial year.

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