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Hong Kong exports rise by nearly 41% in May as AI keeps fuelling demand

Hong Kong exports rise by nearly 41% in May as AI keeps fuelling demand
Key Points

The recent bumper growth in Hong Kong exports spilled into May, expanding by 40.8 per cent year on year, as artificial intelligence-related products continued to fuel already robust demand overseas. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose to HK$611.2 billion (US$77.95 billion) last month, following a nearly 43 per cent increase in April. The May figure marked the second month in a row that export growth...

The recent bumper growth in Hong Kong exports spilled into May, expanding by 40.8 per cent year on year, as artificial intelligence-related products continued to fuel already robust demand overseas. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose to HK$611.2 billion (US$77.95 billion) last month, following a nearly 43 per cent increase in April. The May figure marked the second month in a row that export growth exceeded... [Image text:] HI PESL PESI
Hong Kong (LOCATION) the Census and Statistics Department (ORG)
Originally published by South China Morning Post Read original →