Tough days ahead for HK finance industry

Hong Kong's economy is likely to encounter quite serious challenges in the coming two or three years. A study released by the University of Hong Kong predicts the city's economy will grow 1.5 percent this year. I think the real GDP growth rate may be close to zero, or even fall below zero. The situation in the second half may even be worse. Currently, Hong Kong's economy has four pillars: trade and logistics, tourism, finance and professional services.