News

Hong Kong’s GDP grew by 3.3% in the second quarter

The Hong Kong Special Administrative Region Government published the “2024 Half-Year Economic Report” and the revised figures of the second quarter of 2024 GDP on the 16th. Data showed that Hong Kong’s real GDP grew by 3.3% year-on-year in the…

Hong Kong recovery on track amidst high interest rates

Hong Kong’s economy is on a recovery path with five consecutive quarters of positive GDP growth, according to Marcos Chan, Executive Director, Head of Research, CBRE Hong Kong. Despite this progress, high interest rates are significantly disrupting investment activities and…