Economic Growth - Hong Kong's GDP is expected to achieve growth for ten consecutive quarters, with a year-on-year increase of 3.1% in Q2 2025, following a 3% rise in Q1 2025 [1][2] - The local economy has shown resilience, with a 2.5% GDP growth in 2024, continuing the upward trend from 2023 [1] External and Local Demand - Strong external demand has led to a significant increase in overall merchandise exports, which rose by 11.5% year-on-year, compared to an 8.4% increase in the previous quarter [2] - Private consumption expenditure has rebounded with a 1.9% year-on-year increase in Q2 2025, following four consecutive quarters of decline [2] Investment and Financial Services - Overall investment expenditure has increased, with local fixed capital formation rising by 2.9% year-on-year [2] - The Hong Kong stock market has seen a total market capitalization of HKD 42.7 trillion, a 33% year-on-year increase, and has completed 42 IPOs raising over HKD 107 billion, marking a 22% increase compared to the previous year [2] Retail Sector Performance - The retail sector has shown signs of stabilization, with total retail sales value in June estimated at HKD 30.1 billion, a 0.7% year-on-year increase [3] - Seasonal adjustments indicate a 0.3% increase in retail sales value from Q1 to Q2 2025, with a 2.7% rise in retail sales volume [3] Future Outlook - The confidence in Hong Kong's economy remains strong, supported by steady growth in the Asian and Chinese economies, along with government measures to boost consumption and attract investment [4] - The business environment in Hong Kong is solid, with new advantages emerging, as highlighted in the recent business environment report [5]
GDP连升十季 香港经济展现强劲韧性
Zheng Quan Shi Bao Wang·2025-08-01 03:39