Chan shared the figures during a forum focused on enhancing Hong Kong’s professional services and exploring opportunities for cooperation in the Greater Bay Area. The event was organised by the Chinese General Chamber of Commerce.
Chan said an exact figure would be released next week.
While the unemployment rate remained at a low of 2.93 per cent and inflation stood at less than 1 per cent, the finance chief said the local capital market faced significant pressure.
He noted that property prices had experienced a yearly decline of about 7 per cent to 9 per cent, while the stock market had fallen by 14 per cent.
“This performance…
