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Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post
Government-owned postal service provider has recorded eight consecutive annual deficits, accumulating nearly HK$2.9 billion in losses.
Read more: https://sc.mp/fa6439
Hong Kong authorities are seeking to inject HK$4.6 billion (US$587 million) into the government-owned postal service provider to sustain its operations for the next three years. The move presented to lawmakers on May 27, 2026, comes after the service posted eight years of losses and declining mail volume.
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