Citibank slashed its growth forecast for Hong Kong's gross domestic product to 2.5% from 2.9% due to uncertainties surrounding delayed interest rate declines, geopolitical tensions, and tariff issues, The Standard reported Tuesday.
Meanwhile, Dah Sing Financial (HKG:0440) is looking to revise its 2.8% GDP forecast for Hong Kong due to local property and stock market uncertainties, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)