The Hong Kong Monetary Authority pointed out that the mainland's growth in the last quarter was better than expected, signaling that the economy is stabilizing.

Li Dazhi, deputy president of the Hong Kong Monetary Authority, said that the mainland economy still faces the challenges of the real estate downturn and weak consumption. However, the economic growth last quarter reached 5.3%, which was better than market expectations and is expected to be regarded by the market as a signal that the economy is gradually returning to stability.

Li Dazhi pointed out that although the mainland economy still faces some difficulties, the growth rate exceeding expectations shows that the economy is gradually moving toward stability. This will help boost market confidence and lay the foundation for future economic growth.

He emphasized that the steady growth of the mainland's economy will also have a positive impact on Hong Kong's economy. The economies of the two places are closely linked, and the improvement of the mainland's economy will help promote Hong Kong's economic growth.

Li Dazhi also pointed out that the mainland's economic growth mainly benefits from the government's proactive fiscal policy and prudent monetary policy. These policies will provide strong support for the continued growth of the mainland economy.

Overall, the mainland's economic growth last quarter was better than expected, providing a positive signal for economic stabilization, which will help boost market confidence and promote stable economic growth.