-+ 0.00%
-+ 0.00%
-+ 0.00%
Komo: Hong Kong's 2026 GDP growth forecast was raised to 5%, and the economic performance in the third quarter exceeded expectations
Share
Listen to the news

The Zhitong Finance App learned that J.P. Morgan Chase released a research report saying that since Hong Kong's GDP growth in the third quarter exceeded expectations, the bank raised the year-on-year GDP growth forecast for the full year 2026 to 5%. Hong Kong's GDP grew 5.2% year on year in the third quarter, up 7.8% from quarter to quarter, and GDP grew 5.1% year on year in the first three quarters, the best year to date performance in five years.

The bank pointed out that economic growth in the third quarter exceeded expectations, mainly due to strong growth in total fixed capital formation and government spending, while factors such as weak private consumption were basically in line with the bank's expectations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending