Q4 GDP is 1.3% y/y against estimates centring on 2.2%

HK government forecast for 2018 was 3.2% for 2018.

  • For 2019 they have issued a 2-3% forecast

I'm gettin'' a reminder in the comments that the q/q was negative. Indeed it was …

  • -0.3% q/q

Q4 GDP was the slowest in nearly 3 years

  • Finance Sec. Paul Chan cited trade tensions weighing on global growth in H2 2018. Says uncertainty could again weigh in 2019, but could improve if US-China trade issues are resolved