Hong Kong “Manages its Way” in Volatile Markets
Speaking beside the Asian Financial Forum 2016, HSBC Group Chief Executive Stuart Gulliver said he expects Hong Kong to “easily manage its way” economically this year even though there could be two sets of 25 basis point rises over 2016 and 2017 in the US, pushing up interest rates. He also said China’s Belt and Road initiative will bring considerable economic growth and is a business opportunity for HSBC.