A television plays Financial Secretary Paul Chan delivering the 2020/21 budget at a restaurant in Sham Shui Po. Photo: Xiaomei Chen

Hong Kong budget: city to pump HK$22 billion into private equity fund, as finance chief predicts economy will slow over next four years

  • Hong Kong Growth Portfolio will be similar to Singapore’s sovereign fund
  • Cash will be invested in companies and projects related to the city
Topic |   Hong Kong budget 2020-2021
A television plays Financial Secretary Paul Chan delivering the 2020/21 budget at a restaurant in Sham Shui Po. Photo: Xiaomei Chen
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