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UBS Raises HK's 2025 GDP Growth Forecast to 2.2%
Recommend 2 Positive 8 Negative 1 |
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UBS has raised its forecast for Hong Kong's GDP growth in 2025 from 1% to 2.2%, exceeding the market consensus of 2%. William Deng, Senior Asia and China Economist at UBS Investment Bank, opined that the recent easing of US-China tensions suggests that the drag on Hong Kong's growth may be reduced. Meanwhile, Hong Kong's GDP growth in 1Q also beat expectations, and its strong momentum in financial market activities is expected to persist into 2Q. AAStocks Financial News |
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