News Headline Summary

IMF says Hong Kong real GDP growth is projected to slow to 1.25% this year, 2013 GDP growth forecast at 3%

Says:

- Hong Kong's linked exchange rate system is effective and warrants continued support.
- Policies needed to contain macroeconomic risks from housing market.
- Probability of correction big enough to cause major economic consequences is low in near term.

Analysis details (22:06)

- Please note, HKMA injected HKD 12bln into Hong Kong financial system to defend PEG yesterday.

11 Dec 2012 - 22:01 - Fixed Income - Source: Newswires

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