HK reports 5.9 percent GDP growth in Q1 2026
發佈日期: 2026-05-10 19:37
TVB News
Hong Kong recorded its strongest first quarter economic growth in five years.
This as Financial Secretary Paul Chan said some of the greatest surges were noted in investments, which reflected a positive outlook for markets.
Hong Kong recorded a 5.9 percent economic growth over the first quarter of this year -- a record high in five years.
The figure far exceeded expectations noted earlier in the government's budget address, which only predicted GDP growth in Q1 to reach between 2.5 and 3.5 percent.
This as the Office of the Government Economist said on Friday that it is set to announce the annual economic forecast for this year.
Regarding the possibility of authorities hiking the GDP forecast in response to the Q1 figures, Financial Secretary Paul Chan said the government still has to consider various factors such as the ever-changing geopolitical landscape and oil prices.
Chan stressed that the city's commercial sector remains flexible and resilient despite facing an ongoing trade war, adding that the rise of AI has boosted both the AI and investment sectors.
He noted that investment growth reached 17 percent during the first quarter far surpassed previous figures, and he believed the number of investments in the property market signalled economic recovery.
Meanwhile, the FS emphasised fields consisting of finance, trade and innovation saw the largest growth during Q1, while a growing, positive trend could also be seen in the retail sector.
