Citibank has cut Hong Kong's 2025 gross domestic product growth forecast to 2.5 percent from 2.9 percent, citing delays in interest rate cuts and rising geopolitical tensions that include tariff issues.

Dah Sing Financial Group (0440) is considering revising its 2025 economic growth forecast of 2.8 percent for Hong Kong due to heightened uncertainties in the local property and stock markets as well as external economic conditions.

Hong Kong's GDP is projected to grow by 2.5 percent in 2024, based on data released by the government on February 3.

GORDON YANG

Organized Labor - Defining Unions and Collective Bargaining

Organized Labor - Defining Unions and Collective Bargaining

What Happens When a Utility Goes Bankrupt?

What Happens When a Utility Goes Bankrupt?

Black Metropolis': What It is, Impact, Criticism

Black Metropolis': What It is, Impact, Criticism

What Country Spends the Most on Healthcare?

What Country Spends the Most on Healthcare?

Completed property mortgages trending up

Completed property mortgages trending up

Sino-Ocean surges 36 percent following green light on debt restructuring

Sino-Ocean surges 36 percent following green light on debt restructuring

Salesforce cutting 1,000 roles while hiring salespeople for AI

Salesforce cutting 1,000 roles while hiring salespeople for AI

Minimal exposure for Hutchison if its Panama operations canceled

Minimal exposure for Hutchison if its Panama operations canceled

TDC trims export forecast as US tariffs ensnarl Hong Kong

TDC trims export forecast as US tariffs ensnarl Hong Kong

First price list rolled out for State Pavilia

First price list rolled out for State Pavilia

Alibaba names AI scientist Steven Hoi group vice president

Alibaba names AI scientist Steven Hoi group vice president

Inflation is proving sticky as Fed Chair Powell heads to the hill

Inflation is proving sticky as Fed Chair Powell heads to the hill