Hong Kong raises growth forecast to 4.8% as AI-driven exports power economy

Hong Kong has upgraded its 2026 economic growth forecast to 4.8 per cent, buoyed by recent strength in artificial intelligence-related exports, with the full-year performance expected to be the best in five years. The government’s latest projection, released on Friday, was raised from the 3.5 to 4.5 per cent range predicted in August and the 2.5 to 3.5 per cent growth it forecast in February. The city’s economy expanded by 6.5 per cent in 2021. “The Hong Kong economy is poised for a strong...