Lowering the marginal salaries tax rates is welcome and will go some way in relieving the pressure on the middle class.
Even though the economy is doing well, for the low-skilled life is difficult as Hong Kong transforms to a more high-value-added economy.
Employers may have some reluctance to hire people in their 50s because there may be a perception that they are less energetic and therefore less productive than younger people.
This is well within the usual range considered cost-effective for new medical technologies.