Hong Kong’s economy grew at the fastest pace since March 2011
Hong Kong’s economy recovered in second quarter
Hong Kong’s economy has increased by 1.7 per cent in the second quarter of the year.
Accordingly, to the acting government economist Andrew Au Sik-hung, the growth was largely supported by an uptick in goods export, as regional trade flows began to stabilize. China’s economy showed signs of stabilization after authorities stepped up policy support.
The negative impact of Brexit should fade away and will not affect Hong Kong’s economic growth. Hong Kong as an export-oriented economy will most likely meet its full-year growth target. This surely is good news for Hong Kong business.
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