Hong Kong's GDP is expected to continue its moderate growth trend, projecting a 2.5% to 3.5% increase for the first quarter, according to Financial Secretary Paul Chan Mo-po. This marks the fifth consecutive quarter of growth, aligning with the annual forecast set in February. Chan highlighted that the US's delayed interest rate cuts might adjust future economic expectations. The exact GDP figures for the first quarter will be announced this Thursday. Meanwhile, Hong Kong is boosting tourism through major events like fireworks shows. The Hang Seng Index recently surged 8.8%, recording its best performance in 13 years. Chan remains optimistic, citing strong export figures, low inflation, minimal unemployment, and rising household incomes.
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