Hong Kong looking at more steps to boost stock market, says Lee


People walking past the Exchange Square in Hong Kong. — AFP

HONG KONG: Hong Kong's leader John Lee said on Monday the authorities were considering additional measures to bolster the securities market in the Asian financial hub, which has taken a hit from China's economic slowdown and geopolitical tensions.

The city's economy expanded by just 3.2% last year, and capital flight turned the Hong Kong stock market into the worst-performing major index last year. India has now overtaken Hong Kong in terms of the value of listed shares.

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