20 Hong Kong couples get triple baby bonus of HK$60,000 each but disbursement lags
Hong Kong's baby bonus scheme, launched in October 2023, provides HK$20,000 to eligible parents for each newborn to combat declining birth rates. Twenty couples have received a total of HK$60,000 each for having three children within approximately 2.5 years.

Briefing Summary
AI-generatedHong Kong's baby bonus scheme, launched in October 2023, provides HK$20,000 to eligible parents for each newborn to combat declining birth rates. Twenty couples have received a total of HK$60,000 each for having three children within approximately 2.5 years. However, as of February 2024, only 57.5% (HK$1.31 billion) of the HK$2.28 billion allocated for the three-year scheme has been disbursed, with the program set to expire in October. Government figures indicate a 20% drop in registered births in the first two months of 2024 compared to the same period in 2023. This decline suggests that the bonus may not be significantly impacting the views of young people towards parenthood.
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5 extractedThe scheme, which launched in October 2023, provides a one-off HK$20,000 bonus to eligible parents for newborns.
The city’s registered birth rate in the first two months of this year dropped by 20 per cent compared with the same period in 2025.
Less than 60 per cent of the HK$2.28 billion earmarked for the baby bonus scheme has been disbursed as of February.
Twenty Hong Kong couples have each received baby bonuses totalling HK$60,000 for having three children in about 2½ years.
The decline reflected the growing view among young people that having babies was a source of stress and sacrifice rather than hope and joy.