Hong Kong distributes second batch of consumption vouchers

According to Financial Secretary Paul Chan Mo-po, the second handout is expected to inject HK$13 billion into the market, consolidating Hong Kong’s economic recovery.

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July 18, 2023

HONG KONG – The Hong Kong Special Administrative Region government distributed on Sunday the second instalment of e-vouchers under the 2023 Consumption Voucher Scheme.

E-vouchers worth up to HK$2,000 ($226) were disbursed to city residents through their accounts with AlipayHK, BoC Pay, PayMe from HSBC, Tap & Go, WeChat Pay HK or their Octopus card, according to a Hong Kong Special Administrative Region government statement.

Existing eligible persons who are permanent residents and new arrivals received e-vouchers worth HK$2,000 ($226) while those who came here through different admission programs or to study got HK$1,000.

Among new eligible registrants, permanent residents or those newly arrived received HK$3,000 while those studying or those who came here under different admission programs got HK$1,500. These two groups will get their second instalment on Oct 16.

ALSO READ: Consumption vouchers should be an integral part of budgets

For existing eligible registrants who decided to use Octopus to get both instalments, they should have spent the first instalment of HK$3,000 disbursed on April 16 by June 30 for them to get the second instalment.

For those who received their e-vouchers via AlipayHK, BoC Pay, PayMe from HSBC, Tap & Go and WeChat Pay HK today, the second instalment will expire on Feb 29, 2024. Those who chose Octopus should note that the voucher collection deadline is on June 30, 2024.

A government spokesman reminded the public and merchants that consumption vouchers cannot be used for purposes other than local consumption.

The HKSAR government will closely monitor the usage of the e-vouchers and take appropriate action, including referring cases to law enforcement agencies for follow-up, against those who abuse the system, he added.

READ MORE: New round of consumption vouchers receives welcome

The second handout is expected to inject HK$13 billion into the market, consolidating Hong Kong’s economic recovery, Financial Secretary Paul Chan Mo-po said earlier.

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