Hong Kong's Economy Likely to Remain Strong This Year
Dow Jones08-07 16:16
0816 GMT - Hong Kong's economy is likely to remain strong this year, according to HSBC economist Erin Xin in a research note. This is helped by trade and artificial-intelligence-related development, Xin says. "Consumption should remain steady, supported by improving wealth effects stemming from the property sector and stable monetary conditions," the economist says. HSBC lifts its 2026 GDP growth forecast to 4.5% from 3.8%, and maintains its 3% forecast for 2027 thanks to a stronger foundation.
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