香港第一季度经济增长5.9%，为近五年最快增速，由私人消费和政府支出驱动，尽管中东紧张局势持续。香港统计处周二发布初步估计显示，此增速超过去年第四季度的4%。政府发言人表示前景乐观，但中东风险仍存。
香港经济在2026年第一季度实现5.9%的年比年增长，这是自2021年第二季度7.6%增速以来的最强表现。 Census and Statistics Department于5月5日周二公布这一初步数据，私人消费和政府支出成为主要推动力，尽管中东战争和能源成本上升带来压力。
政府消费支出较上年同期增长2.9%，较2025年第四季度的1.5%加速。政府发言人指出，人工智能相关电子产品全球需求强劲、入境游客持续增长以及跨境金融活动活跃支撑了积极前景。
“相对稳健的商业和消费者情绪预计将继续支持国内需求，”发言人表示。“然而，中东持续紧张局势对经济前景构成下行风险。”这一增长凸显香港经济韧性，但地缘政治不确定性仍需关注。
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South Korea's real GDP jumped 1.7 percent in Q1 2026 from the prior quarter—the strongest growth in 5½ years—despite Middle East tensions, easily topping the Bank of Korea's 0.9 percent forecast on robust exports and steady domestic demand. Part of the rebound following 2025's modest 1% annual expansion (see prior article in series).
Hong Kong's finance chief Paul Chan forecasts first-quarter GDP growth exceeding 4%, the strongest in nearly five years, driven by a 17% rise in visitors and 5.2% gain in retail and catering spending. The preliminary figure is due on Tuesday.
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Hong Kong's Financial Secretary Paul Chan Mo-po said on Sunday that the city's economy showed resilience in the first quarter of 2026 amid volatility in equity and oil markets caused by war in the Middle East. Investors continued moving assets to the city, drawn by mainland China's steady economic growth and a large number of initial public offerings in Hong Kong. He noted the geopolitical landscape was complex and fast-changing, with uncertainty from the United States-Israel attack on Iran clouding the stock market.
Following Premier Li Qiang's government work report setting a 2026 GDP growth target of 4.5-5%, Zheng Shanjie of the National Development and Reform Commission projected over 6 trillion yuan GDP growth this year at the NPC economy press conference. The service sector is expected to exceed 100 trillion yuan during the 15th Five-Year Plan (2026-2030). Leaders including Xi Jinping emphasized high-quality development amid the sessions.
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Japan's Q4 2025 GDP was revised upward to 1.3% annualized from the preliminary 0.2% reported on February 16, driven by strong business spending. January household spending on goods and private services held steady despite a year-on-year drop, with contained retail gasoline prices easing inflation. Analysts now expect the Bank of Japan to hold rates in April and hike in June.
Sales of luxury homes in Hong Kong surged 156% in the first quarter, driven by stock-market gains and attractive prices, real estate agents say. Mainland Chinese buyers accounted for more than half of the deals. The segment is likely to see another increase in the second quarter.
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The Indonesian government is optimistic that economic growth in the first quarter of 2026 will reach 5.5-6 percent, breaking the stagnant pattern around 5 percent. Finance Minister Purbaya Yudhi Sadewa stated this at the Indonesia Economic Outlook 2026 event in Jakarta.