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Hong Kong Widens Cash Handout to Expatriates, Foreign Students

Hong Kong’s retail sales jumped 11.7% in April from a year earlier.

Hong Kong’s retail sales jumped 11.7% in April from a year earlier.

Photographer: Chan Long Hei/Bloomberg

Hong Kong will expand its cash voucher stimulus program to include non-permanent residents and foreign students, while excluding domestic helpers and people planning to emigrate.

The second batch of HK$5,000 ($637) in vouchers will be distributed from Aug. 7, according to Financial Secretary Paul Chan. The expanded program will include an extra 300,000 people and cost an additional HK$1 billion, he said.