HSBC expects Hong Kong’s economy to rapidly bounce back in 2021 after a massive slump this year. Photo: Bloomberg HSBC expects Hong Kong’s economy to rapidly bounce back in 2021 after a massive slump this year. Photo: Bloomberg
HSBC expects Hong Kong’s economy to rapidly bounce back in 2021 after a massive slump this year. Photo: Bloomberg

HSBC, Citibank predict Hong Kong’s economy will contract by up to 5 per cent this year before recovering in 2021

  • HSBC Private Banking expects GDP will contract 5 per cent this year, while Citibank has forecast a 4.6 per cent slump
  • 11 of the largest Chinese firms listed in the US could relist in Hong Kong in the next three years, says HSBC

Topic |   Hong Kong economy
HSBC expects Hong Kong’s economy to rapidly bounce back in 2021 after a massive slump this year. Photo: Bloomberg HSBC expects Hong Kong’s economy to rapidly bounce back in 2021 after a massive slump this year. Photo: Bloomberg
HSBC expects Hong Kong’s economy to rapidly bounce back in 2021 after a massive slump this year. Photo: Bloomberg
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