UOB lifts Hong Kong's GDP growth forecasts for 2026 and 2027, citing strong momentum in the semiconductor and AI supply chains, alongside a stabilizing property sector and a rebound in tourist arrivals.
Hong Kong's GDP growth accelerated sharply in 3Q26, driven by strong goods exports and investment, with support from semiconductors and AI supply chain, a stabilising property market and rising tourist arrivals. UOB revised its 2026 and 2027 GDP forecasts higher, which improves the earnings outlook for Hong Kong-listed companies and supports the Hang Seng Index. However, the report flags external and financial risks that could temper gains.
Strong goods exports and investment, supported by the semiconductors and AI supply chain, a stabilising property market and rising tourist arrivals.
UOB revised its Hong Kong GDP forecasts higher for 2026 and 2027.
UOB has upgraded its GDP growth outlook for Hong Kong for 2026 and 2027 following a sharp acceleration in third-quarter economic activity. The expansion is underpinned by robust goods exports, a recovering property market, and increased tourism, though analysts warn that external financial risks remain a potential headwind.
Strong goods exports and investment, supported by the semiconductors and AI supply chain, a stabilising property market and rising tourist arrivals.
UOB revised its Hong Kong GDP forecasts higher for 2026 and 2027.