
Hong Kong's economy predicted to grow 3%
China was disappointing, says analyst.
For its 12-month outlook on Hong Kong, UBS Investment Research predicts the economy to grow 3.0% in 2013E.
Here's more from UBS Investment Research:
Growth will be slightly stronger this year. But China, instead of being an important source of stabilization for Hong Kong we envisaged earlier, has turned out to be a negative surprise. We now expect Hong Kong to grow 3.0% in 2013E.