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HKTDC: HK Biz Doom & Gloom on Next 2 Quarters; 15% Full-yr Export Growth Forecast Kept
Hong Kong merchants are doom and gloom on the next 1-2 quarters, said Nicholas Kwan, Director of Research at HKTDC. Coupled with high base effect in 2H20, the city's exports fo...
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HKTDC: HK Biz Doom & Gloom on Next 2 Quarters; 15% Full-yr Export Growth Forecast Kept
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2021/09/14 16:50
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Hong Kong merchants are doom and gloom on the next 1-2 quarters, said Nicholas Kwan, Director of Research at HKTDC. Coupled with high base effect in 2H20, the city's exports for this and next quarter are predicted to drift lower. That said, Kwan retained the full-year export growth forecast at 15% YoY in light of over 30% export hike in 1H21.
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