Global AI investment boom drives strong demand for high-end electronic components and AI-related goods

The global artificial intelligence investment boom continues to drive strong demand for high-end electronic components and AI-related goods, contributing to Hong Kong’s economic growth.

Preliminary indications suggest that faster export growth and solid domestic demand will push year-on-year growth above market expectations and accelerate from the second quarter.

The value of Hong Kong’s merchandise exports surged by 64.9 percent year-on-year in September, with exports of ‘office machines and automatic data processing machines’ soaring by 183.7 percent.