Hong Kong’s GDP estimates were released on Wednesday to reveal the economic performance of the city was even worse than many feared. Photo: Sun YeungHong Kong’s GDP estimates were released on Wednesday to reveal the economic performance of the city was even worse than many feared. Photo: Sun Yeung
Hong Kong’s GDP estimates were released on Wednesday to reveal the economic performance of the city was even worse than many feared. Photo: Sun Yeung

Hong Kong’s coronavirus-ravaged economy shrinks 9 per cent in second quarter

  • Another major slump in gross domestic product recorded in city stricken by Covid-19 crisis
  • Highest ever year-on-year decline of 9.1 per cent posted earlier this year

Topic |   Coronavirus Hong Kong
Hong Kong’s GDP estimates were released on Wednesday to reveal the economic performance of the city was even worse than many feared. Photo: Sun YeungHong Kong’s GDP estimates were released on Wednesday to reveal the economic performance of the city was even worse than many feared. Photo: Sun Yeung
Hong Kong’s GDP estimates were released on Wednesday to reveal the economic performance of the city was even worse than many feared. Photo: Sun Yeung
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