West Kowloon arts hub deficit widens to HK$998 million as operating costs rise

The authority managing Hong Kong’s arts hub in West Kowloon recorded a wider deficit in the 2025-26 financial year but expects to generate more income next year by putting a residential development project out to tender.

The West Kowloon Cultural District Authority’s deficit ballooned to HK$998 million (US$127 million) in the year to March 31, from HK$769 million in the same period a year earlier. The increase was…