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Hong Kong growth on track to hit target despite Middle East war: finance chief

South China Morning PostEN 1 min read 100% complete by Edith LinMarch 7, 2026 at 02:45 PM
Hong Kong growth on track to hit target despite Middle East war: finance chief
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Hong Kong's Financial Secretary Paul Chan Mo-po stated that the city's economic growth forecast of 2.5 to 3.5 percent for the year remains on track despite the Middle East war. Chan believes the conflict will negatively impact trade but positively influence the financial market. He made these remarks at a budget forum organized by the Hong Kong News-Expo, following the eruption of the US-Israeli war on Iran. While remaining watchful of Sino-US relations, Hong Kong aims to strengthen its existing markets in America and Europe while expanding into new Asian markets. The economic forecast was initially announced in the budget on February 25th.

Key Entities & Roles

Key Player Opposition Context
Israel 40% Iran 40% Xi Jinping 50% Donald Trump 60% China 60% United States ×270% Middle East 70% Paul Chan Mo-po 90% Hong Kong ×2100%

Keywords

economic growth 90% hong kong 80% middle east war 70% financial market 60% trading sector 60% budget 50% sino-us relations 50% geopolitics 40%

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Positive
Score: 0.30

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South China Morning Post
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90%

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economic growthhong kongmiddle east warfinancial markettrading sectorbudgetsino-us relationsgeopolitics
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