Hong Kong’s biggest provider of public housing expects to record a HK$8.02 billion surplus for the financial year ending in March 2022, down 40 per cent from the current period, as the sale of subsidised flats sold will fall short of projections.The Housing Authority explained that some previously built flats may not sell until the next financial year, meaning the income would not be reflected in the 2021-22 period.The authority is also projecting a dip in its longer-term cash and investment…


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