Hong Kong’s economy continues to defy gravity, for now.
The world’s least-affordable property prices continue to hold up, tourism and shopping have rebounded as China’s economy hums along, and a bustling stock market that’s set to boast one of the world’s-biggest stock offerings this year is buoying sentiment.
Data Friday is expected to show the Asian financial hub grew 3.4 percent from a year earlier in the first quarter. But that may be as good as it gets.
The gradual tightening of policy by the U.S. Federal Reserve is starting to bite,....More>>>