Experts warn the Hong Kong government to guard against fuel companies manipulating diesel subsidies. This concern follows the announcement of a temporary relief measure to cushion the impact of rising oil prices in the transport sector.

The Hong Kong government must ensure its massive HK$1.8 billion (US$229.8 million) subsidy for diesel to mitigate record-high oil prices for the transport sector is not exploited by fuel companies through discount manipulations, an industry leader and a lawmaker have cautioned. Their warnings came shortly after authorities announced a two-month, HK$3-per-litre (38 US cents) diesel relief measure on Thursday to cushion the impact on transport companies amid the ongoing Middle East conflict, with....