Citibank slightly lowers Hong Kong GDP forecast

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REUTERS
REUTERS

Citibank has cut Hong Kong's 2025 gross domestic product growth forecast to 2.5 percent from 2.9 percent, citing delays in interest rate cuts and rising geopolitical tensions that include tariff issues.

Dah Sing Financial Group (0440) is considering revising its 2025 economic growth forecast of 2.8 percent for Hong Kong due to heightened uncertainties in the local property and stock markets as well as external economic conditions.

Hong Kong's GDP is projected to grow by 2.5 percent in 2024, based on data released by the government on February 3.

GORDON YANG

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