Standard Chartered expects Hong Kong GDP to grow 4.3% this year, with senior economist for Greater China and North Asia Tony Wu saying that is a relatively fast pace for a developed economy, according to Ming Pao.
Wu said the property market recovered in the first half, but transactions slowed in June. He attributed the weaker activity to short-term factors, including poor stock market performance earlier, the World Cup affecting property viewings, and tighter controls on non-standard investment funds coming into Hong Kong from the mainland at the end of May, which also hurt confidence in the near term.
Standard Chartered Sees Hong Kong GDP Growth At 4.3% This Year
2026-07-20 07:34:40
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