Commonplace Chartered’s Senior Economist Tommy Wu raises Hong Kong’s 2026 GDP development forecast to three.2% from 2.5%, citing sturdy This autumn momentum, stronger monetary exercise and enhancing client sentiment. The financial institution expects a modest housing market rebound however stays cautiously optimistic as a result of structural shifts and international dangers. HIBOR is seen decrease in H1 earlier than progressively rising once more by This autumn.
Development upgraded however dangers nonetheless current
“We increase our 2026 GDP development forecast to three.2% (from 2.5%), given the sturdy development momentum in This autumn.”
“We count on the monetary trade 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 continuing inventory market rally.”
“We additionally count on a modest rebound within the housing market.”
“Nonetheless, we’re cautiously optimistic.”
(This text was created with the assistance of an Synthetic Intelligence device and reviewed by an editor.)
