Financial services in HK may slump in H2 from weak mainland performance

22 September 2015 | 2 minutes read

Financial services continue to be the one bright spot in Hong Kong’s lacklustre economic growth, but even that is not expected to remain bright for long as Chinese equities experience a sharp fall after boosting Hong Kong’s growth in H1, says UBS. The Swiss lender estimates that the sector makes up about a quarter of Hong Kong’s GDP, or almost…

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