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Greater Bay Area businesses upbeat on growth prospects: report - Buz & Tech News

2021-04-17 12:30:55 GMT2021-04-17 20:30:55(Beijing Time) Xinhua English BEIJING, April 17 (Xinhua) Businesses in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) were confident in their performance in the first quarter and stood upbeat on Q2 growth, a report by the Standard Chartered showed. The gauge of business confidence of companies operating in GBA hit 53 in Q1, above the 50 neutral benchmark and 50.2 in Q4 2020, according to quarterly surveys carried out by the Standard Chartered and the Hong Kong Trade Development Council. Firms expect an even stronger second quarter, with the expectations index for business activity shooting up to 62.7 after a small dip to 54.1 in Q4 2020.

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