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 From Hong Kong's Information Services Department
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February 24, 2010
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Budget

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Property market measures prudent: FS

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joint TV forum
Taking questions: Financial Secretary John Tsang elaborates on his budget measures at a press conference and in a televised forum.

 

Financial Secretary John Tsang says he considered all factors and assessed the situation carefully before proposing initiatives to ensure the stability of the property market in his 2010-11 Budget.

 

Speaking at a press conference this afternoon, he said the Government will not introduce hasty and careless measures because the subject is a far-reaching issue which will affect both people who worry they cannot afford to buy flats and households which have already purchased homes.