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Hong Kong Targets 3.2% Growth Amid Financial Hub Expansion

Hong Kong Targets 3.2% Growth Amid Financial Hub Expansion

Author:

Global Cryptocurrency

Published:

2025-12-28 08:03:01

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BTCCSquare news:

Hong Kong's economy is projected to grow 3.2% in 2025, exceeding earlier estimates of 2-3%, as Financial Secretary Paul Chan doubles down on finance, technology, and trade. The city aims to leverage its record-breaking stock listings this year—already leading global IPO volumes—to attract more Southeast Asian and Middle Eastern firms. Chan emphasized expanding RMB internationalization through Hong Kong's exchange.

Tech sectors like biotech and AI will receive priority funding to maintain global competitiveness. The Hang Seng Index's 30% rally this year underscores market confidence in Hong Kong's role as China's financial gateway. 'Finance, tech innovation, and trade are our growth engines,' Chan stated, aligning with Beijing's strategic priorities.

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