HK economy to grow in 2025 despite headwinds

advertisement
Hong Kong’s housing market has remained lackluster.  REUTERS
Hong Kong’s housing market has remained lackluster. REUTERS

Agencies and Lainey Liu

Hong Kong's economic growth slowed in 2024 as stagnant consumption and a lackluster property sector weighed on activity, but the government said it was optimistic for growth this year despite heightened uncertainties.

Gross domestic product rose at a 2.5 percent annual pace last year, according to advance estimates from the Census and Statistics Department yesterday, slowing from 3.3 percent in 2023 and matching the government's forecast.

Growth picked up to 2.4 percent in the fourth quarter, from an upwardly revised 1.9 percent in the prior three-month period.

Related Article
Is Deflation Bad for the Economy?
Sluggish Economy: What it is, Characterizations, FAQs
HKEX will push for top global investors, says Chan
Euro parity is now matter of when, not if after hitting 2022 low
Salesforce cutting 1,000 roles while hiring salespeople for AI
CATL is said to eye filing for Hong Kong listing in coming weeks
Dongfeng to restructure amid competitive market
China's health regulator defends quality of local generic drugs
©2025 EcoInvest All Rights Reserved
Privacy Policy
Terms of Service
  •  HOME
  •  HOT ARTICLES
  •  RECOMMENDED
  •  LATEST NEWS
  •  POPULAR POSTS
  •  RELATED ARTICLE
  •  PRIVACY POLICY
  • Home
  • HOT ARTICLES
  • RECOMMENDED
  • LATEST NEWS
  • POPULAR POSTS
  • RELATED ARTICLE
  • PRIVACY POLICY