Hong Kong Economy Grows Most Since 2023 on Strong Exports, Retail
The Causeway Bay area of Hong Kong.
Photographer: Chan Long Hei/Bloomberg
Hong Kong’s economy expanded much faster than forecast in the third quarter, posting the strongest growth in nearly two years as resilient exports and recovering consumption offset trade tensions.
Gross domestic product grew 3.8% in July-September from a year earlier, according to advance estimates released Friday by the city’s Census and Statistics Department. The figure exceeded all forecasts by economists and accelerated from 3.1% in the second quarter.