Hong Kong’s housing market recovery rests on solid foundations

Hong Kong has its mojo back. The city’s economy grew 3.5 per cent last year, the fastest pace since 2021, according to an advanced estimate published by the Census and Statistics Department on January 30. A sharp increase in exports, the unexpected driver of growth in many Asian economies last year, was a key factor in Hong Kong’s resurgence.
The rebound was underpinned by the dramatic revival in the city’s capital markets. Share sales nearly quadrupled last year to more than US$73 billion…  

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