The early childhood education sector will receive its lowest level of subsidy in more than a decade as the number of preschools falls to a 13-year low, with the government cancelling two grants for kindergartens in the new school year. According to the annual budget announced on Wednesday, the early childhood sector will receive only HK$4.5 billion (US$575 million) from the government in 2026–27, representing a 6.6 per cent drop from the current financial year. “This is mainly due to decreased...