Skip to content
Markets
Economics

Hong Kong’s Growth Forecasts Cut as Omicron Spreads

  • Morgan Stanley, Bloomberg Economics lower GDP estimates
  • Hopes for economic boost from travel with China now in doubt
Health workers administer Covid-19 tests in Hong Kong, on Jan. 6.

Health workers administer Covid-19 tests in Hong Kong, on Jan. 6.

Photographer: Louise Delmotte/Bloomberg
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Hong Kong’s economic outlook for this year is off to a rocky start as an outbreak of omicron-variant virus cases is set to hit the retail sector, cross-border travel and the city’s status as a regional financial hub.