Strong AI demand prompts Hong Kong trade body to raise exports growth forecast
AI Summary
Strong global demand for artificial intelligence-related products has led Hong Kong’s Trade Development Council to raise its 2026 export growth forecast to as much as 47%. A survey also found that exporters’ business confidence and market expectations remained strong.
Stronger-than-expected global demand for artificial intelligence-related products has prompted the Trade Development Council to sharply raise its full-year forecast for Hong Kong export growth in 2026 to as much as 47 per cent. The latest revision follows the council in June raising its midyear forecast to 20 per cent growth, from an earlier estimate of 8 to 9 per cent. Its latest survey of the city’s major exporters also found that their business confidence and market expectations had remained...