HONG KONG: Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed on Thursday, expanding for a 10th straight quarter on the back of strong exports and improved domestic demand.
That compares with an average forecast of 2.7% from 13 economists polled by Reuters and with growth of 3.0% in the first quarter of 2025. GDP had expanded 2.5% in the fourth quarter of 2024.
