Hong Kong's economy increased in the fourth quarter by 2.4% from a year earlier, official advance estimates showed on Monday, expanding for an eighth quarter. That was a slightly faster rate than the mean forecast of 2.

Hong Kong’s economy grew by 2.5 per cent in real terms last year, easing from 3.2 per cent expansion in 2023, preliminary figures released on Monday showed. Advance figures by the Census and Statistics Department also showed gross domestic product (GDP) in the fourth quarter grew by 2.

Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on activity, highlighting the risks ahead for Asia’s financial capital amid a looming trade war.

Hong Kong's economic growth slowed to 2.5 percent in 2024 as residents increasingly look to spend elsewhere, the city's government said on Monday, warning that the year ahead will bring "heightened uncertainties".