Standard Chartered Bank: The current business performance of enterprises in the Greater Bay Area still shows resilience. Outlook for the second half of the year tends to be cautious.
According to the Zhongtong Finance APP, Standard Chartered Bank and the Hong Kong Trade Development Council have jointly released the latest Standard Chartered Greater Bay Area Business Activity Index (GBAI), which shows that the current business performance of Greater Bay Area companies remains resilient after the impact of the U.S. "Liberation Day" tariffs, mainly benefiting from advanced orders and production activities. At the same time, companies hold a cautious attitude towards future prospects within the quarter, with overall expectations slowing down but still remaining positive.
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