Hong Kong economy grows 3.8 % y/y in Q3 — faster than expected

Hong Kong’s economy expanded 3.8% year-on-year in Q3 2025, surpassing forecasts, with quarterly GDP rising 0.7% compared to the previous quarter. The growth was driven by a rebound in tourism and services after pandemic disruptions. However, officials warned that external demand remains weak and warned that the region must sustain momentum via domestic consumption and structural reforms to balance long-term headwinds from its neighbour economies and global trade shifts.