HKMA chief Norman Chan says the US ending its quantitative easing programme will have a negative effect on Hong Kong. Photo: K.Y. Cheng HKMA chief Norman Chan says the US ending its quantitative easing programme will have a negative effect on Hong Kong. Photo: K.Y. Cheng
HKMA chief Norman Chan says the US ending its quantitative easing programme will have a negative effect on Hong Kong. Photo: K.Y. Cheng

Hong Kong faces risks from QE exit, Shanghai zone

Business leaders say twin challenges in the new year may lead to fund outflow, higher interest rates and the city losing lead as financial centre

HKMA chief Norman Chan says the US ending its quantitative easing programme will have a negative effect on Hong Kong. Photo: K.Y. Cheng HKMA chief Norman Chan says the US ending its quantitative easing programme will have a negative effect on Hong Kong. Photo: K.Y. Cheng
HKMA chief Norman Chan says the US ending its quantitative easing programme will have a negative effect on Hong Kong. Photo: K.Y. Cheng
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