Winners and losers in the Hong Kong Budget 2017

There is a sole loser in this year's budget.

According to Bloomberg, in a bid to boost growth amid sluggish retail sales, soaring property prices and the potential for further interest rate increases, Hong Kong’s Financial Secretary Paul Chan announced measures to support infrastructure, senior citizens and salaried workers. 

The 2017-18 budget comes ahead of a vote next month on who will become the city’s next Chief Executive. The range of measures aim to help spur economic activity after gross domestic product growth slowed to 1.9% last year. The government is forecasting 2 percent to 3 percent expansion in 2017. Read Bloomberg's list of winners and losers here.