Customary Chartered’s Senior Economist Tommy Wu raises Hong Kong’s 2026 GDP development forecast to three.2% from 2.5%, citing strong This fall momentum, stronger monetary exercise and enhancing client sentiment. The financial institution expects a modest housing market rebound however stays cautiously optimistic attributable to structural shifts and world dangers. HIBOR is seen decrease in H1 earlier than steadily rising once more by This fall.
Development upgraded however dangers nonetheless current
“We elevate our 2026 GDP development forecast to three.2% (from 2.5%), given the strong development momentum in This fall.”
“We count on the monetary business to capitalise on Hong Kong’s regained impetus, notably in IPO fundraising and Renminbi internationalisation.”
“Shopper sentiment is probably going to enhance additional given the continued inventory market rally.”
“We additionally count on a modest rebound within the housing market.”
“Nevertheless, we’re cautiously optimistic.”
(This text was created with the assistance of an Synthetic Intelligence instrument and reviewed by an editor.)
