Hong Kong Is Near End of Budget Deficit Era But Caution Prevails

For a city on the cusp of ending its longest run of budget deficits in two decades, Hong Kong isn’t brimming with confidence just yet.

By Nectar Gan, Shawna Kwan · Bloomberg Markets

For a city on the cusp of ending its longest run of budget deficits in two decades, Hong Kong isn’t brimming with confidence just yet.