DoJ launches GBA Legal Information Platform
The Department of Justice (DoJ) announced the official launch of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Legal Information Platform today (June 30). The Platform aims to provide basic legal and policy information related to business operations, employment and daily life within the GBA, with a view to facilitating residents of Guangdong, Hong Kong and Macao and those who are interested in doing business and living in the GBA, and promoting the construction of the rule of law in the GBA.
One of the key features of the Platform is its focus on the common issues faced by residents of the three places when doing business, working, and living in the GBA. It facilitates public access to integrated legal and policy information across six major areas: housing, business, work, education, family and healthcare.
In addition, the Platform provides updates on the developments of the construction of the rule of law in the GBA, including the latest information about the GBA standards such as GBA lawyers, "allowing Hong Kong-invested enterprises to adopt Hong Kong law", "allowing Hong Kong-invested enterprises to choose Hong Kong as the seat of arbitration", and GBA mediation.
The establishment of the Platform is one of the concrete measures to implement the initiative of promoting the interfacing of mechanisms among the three places outlined in the Policy Address and the DoJ's Action Plan on the Construction of Rule of Law in the GBA. The DoJ expressed its sincere gratitude to members of the GBA Task Force and its Advisory Group of GBA Lawyers for their invaluable opinions on the Platform's content and design.
The Deputy Secretary for Justice, Dr Cheung Kwok-kwan, highlighted that the Platform adheres to the principle of being "easy to use with practical information". It specifically adopts a "one question, three answers" format, focusing on common issues that residents encounter while working and living across the three places, to offer concise and practical basic legal and policy information. Dr Cheung expressed the hope that the information provided by the Platform would further facilitate the flow of people and economic and trade exchanges within the GBA. The DoJ will continue to optimise the Platform to deliver more comprehensive content.
The website of the platform iswww.gbalaw.hk. People from various sectors are welcome to visit it.
Source: AI-found images
Government's financial results for two months ended May 31, 2026
The Government announced today (June 30) its financial results for the two months ended May 31, 2026.
Expenditure and revenue from April to May 2026 amounted to HK$125.1billion and HK$60.9 billion respectively, resulting in a deficit of HK$30.3billion after taking into account HK$37.4 billion received from issuance of Government Bonds and repayment of HK$3.5 billion principal on Government Bonds. The fiscal reserves stood at HK$635.2 billion as at May 31, 2026.
A Government spokesperson said that the deficit for the period was mainly due to the fact that major revenue items including salaries and profits taxes are mostly received towards the end of a financial year.
Detailed figures are shown in Tables 1 and 2.
TABLE 1. CONSOLIDATED ACCOUNT (Note 1)
| Month ended May 31, 2026 HK$ million | Two months ended May 31, 2026 HK$ million |
| Revenue | 19,406.2 | 60,873.8 |
| Expenditure | (62,542.5) | (125,142.5) |
| | |
| Deficit before issuance and repayment of Government Bonds | (43,136.3) | (64,268.7) |
| | |
| Proceeds received from issuance of Government Bonds | 31,400.3 | 37,447.7 |
| | |
| Repayment of Government Bonds* | (1,624.1) | (3,477.5) |
| | |
| Deficit after issuance and repayment of Government Bonds | (13,360.1) | (30,298.5) |
| | |
| Financing | | |
| Domestic | | |
| Banking Sector (Note 2) | 12,370.9 | 27,298.8 |
| Non-Banking Sector | 989.2 | 2,999.7 |
| External | - | - |
| | |
| Total | 13,360.1 | 30,298.5 |
| * Being repayment of principal on Government Bonds and does not include the associated interest and other expenses. |
May 31, 2026
HK$ million
May 31, 2026
HK$ million
and repayment of
Government Bonds
issuance of
Government Bonds
Government Bonds*
and repayment of
Government Bonds
Government Debts as at May 31, 2026 (Note 3)
HK$446,559 million
Debts Guaranteed by Government as at May 31, 2026 (Note 4)
HK$108,634 million
TABLE 2. FISCAL RESERVES
| Month ended May 31, 2026 HK$ million | Two months ended May 31, 2026 HK$ million |
| Fiscal Reserves at start of period | 648,602.2 | 665,540.6 |
| Consolidated Deficit after issuance and repayment of Government Bonds | (13,360.1) | (30,298.5) |
| | |
| Fiscal Reserves at end of period (Note 5) | 635,242.1 | 635,242.1 |
May 31, 2026
HK$ million
May 31, 2026
HK$ million
issuance and repayment of
Government Bonds
(Note 5)
Notes:
1. This Account consolidates the General Revenue Account and the following eight Funds: Capital Works Reserve Fund, Capital Investment Fund, Civil Service Pension Reserve Fund, Disaster Relief Fund, Innovation and Technology Fund, Land Fund, Loan Fund and Lotteries Fund. It excludes the Bond Fund, the balance of which is not part of the fiscal reserves. The Bond Fund balance as at May 31, 2026, was HK$153,188 million.
2. Includes transactions with the Exchange Fund and resident banks.
3.The Government Debts, with proceeds credited to the Capital Works Reserve Fund, comprise:
(i) the Green Bonds (equivalent to HK$195,450 million as at May 31, 2026) issued under the Government Sustainable Bond Programme. They were denominated in US dollars (US$9,550 million with maturity from June 2026 to January 2053), euros (6,550 million euros with maturity from November 2026 to November 2041), Renminbi (RMB33,000 million with maturity from July 2026 to July 2054) and Hong Kong dollars (HK$22,500 million with maturity from October 2026 to November 2027);
(ii) the Infrastructure Bonds (equivalent to HK$142,418 million as at May 31, 2026) issued under the Infrastructure Bond Programme. They were denominated in US dollars (US$500 million with maturity in May 2031), Renminbi (RMB53,750 million with maturity from July 2026 to May 2056) and Hong Kong dollars (HK$76,230 million with maturity from August 2026 to May 2056); and
(iii) the Silver Bonds with nominal value of HK$108,691 million (with maturity in October 2027 and October 2028 and may be redeemed before maturity upon request from bond holders) issued under the Infrastructure Bond Programme.
They do not include the outstanding bonds with nominal value of HK$100,392 million and alternative bonds with nominal value of US$1,000 million (equivalent to HK$7,837 million as at May 31, 2026) issued under the Government Bond Programme with proceeds credited to the Bond Fund. Of these bonds under the Government Bond Programme (including Silver Bonds with nominal value of HK$53,292 million, which may be redeemed before maturity upon request from bond holders), bonds with nominal value of HK$53,292 million will mature within the period from June 2026 to May 2027, and the rest within the period from June 2027 to May 2042.
4. Includes guarantees provided under the SME Loan Guarantee Scheme launched in 2001, the Special Loan Guarantee Scheme launched in 2008, the SME Financing Guarantee Scheme launched in 2012, the Loan Guarantee Scheme for Cross-boundary Passenger Transport Trade, the Loan Guarantee Scheme for Battery Electric Taxis and the Loan Guarantee Scheme for Travel Sector launched in 2023, and the commercial loan under Guaranteed Medium Term Note Programme of the Hong Kong Cyberport Management Company Limited.
5. Includes HK$249,839 million, being the balance of the Land Fund held in the name of Future Fund, for long-term investments up to December 31, 2030. The Future Fund also includes HK$4,800 million, being one-third of the actual surplus in 2015-16 as top-up.
Source: AI-found images
