Market Chatter: UBS Lifts Hong Kong Growth Forecast to 2.2%

MT Newswires Live

May 29, 2025

UBS has raised its 2025 economic growth forecast for Hong Kong to 2.2%, citing easing Sino-US trade tensions and stronger market sentiment, The Standard reported Wednesday, citing the bank.

William Deng Weishen, senior Asia and China economist at UBS Investment Bank, said the new forecast is up from a previous estimate of 1% and slightly above the market consensus of 2%.

The revision follows stronger-than-expected first-quarter GDP data, a 90-day pause in the US-China tariff war, ongoing financial market momentum, and a rebound in tourist arrivals during the May Day holiday, the report said.

UBS said a significant reescalation in the US-China tariff war could prompt a downgrade of its forecast, with upcoming trade negotiations between the two sides a key factor to watch, according to the report.

(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.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSI","symbol_name":"恒生指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2539284467","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539284467","pubTimestamp":1748488148,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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