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"Delegating benefits to tourists and the local people will boost growth of other services such as hotels and catering businesses which will bring various gains to the local economy," she said.

"Despite the uncertainties that affect China's economic growth, supportive policies including tax cuts, State-owned enterprise reform and policies bolstering the private sector will provide long-term momentum for the economy, and we expect GDP as well as power consumption this year will continuously retain medium-to-high speed growth," he said.

"Everyone was running around like, 'What do we do?'" he said.

"Despite recent social unrest, the DNA of Hong Kong's economy remains unchanged, and Hong Kong, the largest overseas investor on the Chinese mainland, has kept and will always keep a close connection with business development on the Chinese mainland," said Jacky Chung, vice-chairman of the Shanghai branch of the Hong Kong Chamber of Commerce in China.

"Due to the new policies on regulating consumer-loan originations, consumer loan ABS issuance in 2018 might not able to keep pace with the previous year," it said.