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Mastercard Economics Institute: HK Econ Outlook for 2H26 Remains Highly Constructive
2026-06-30 12:56:07 Hong Kong's economy is undergoing a structural transformation. Mastercard Economics Institute's latest quarterly analysis indicated that growth momentum in Hong Kong in 2H26 will mainly be fueled by affluent consumption and consumers' clear shift toward the experience-led economy. As consumer budgets shift from traditional retail spending to travel, fine dining and entertainment activities, the structural change is reshaping the development of Hong Kong's retail, catering and tourism industries. Wei Li, Economist from Mastercard Economics Institute, said Hong Kong's economic outlook for 2H26 remains highly constructive as the city is gradually transitioning toward broader and more sustainable growth drivers. Affluent households, recovering housing market activity, and improving financial conditions will continue to support overall consumption. ~ AASTOCKS Financial News Website: www.aastocks.com | |