According to a survey of financial experts and professionals from the Hong Kong business community, 79 per cent of respondents believe that the Closer Economic Partnership Arrangement (CEPA) with Chinese Mainland will have a beneficial impact on Hong Kong.
The survey, conducted in August, has revealed renewed optimism towards positive economic growth for the next 12 months.
Ninety two per cent think the government should do more instruction on exactly what CEPA means for Hong Kong.
"When you look at the recent performance of the Hang Seng index, the positive correction of GDP and the number of new jobs coming onto the market, these all combine to give a renewed sense of optimism about the future performance of Hong Kong's economy - this has definitely been reflected in our survey," said Sarah McGrath, president of CPA Australia, Hong Kong China Division.