BANK OF E ASIA Raises HK Full-yr Econ Growth Forecast to 3.8%
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The Bank of East Asia has raised its forecast for Hong Kong's full-year economic growth to 3.8%, driven by a rebound in exports, consumption, investment, and a recovery in the property market. The Hong Kong government reported a 5.9% year-on-year GDP growth for Q1, the strongest in nearly five years, with official figures to be released on Friday.
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