Hong Kong's economic grew 2.7% in the first quarter on the year, official advance estimates showed on Thursday, driven by an increase in visitor arrivals and private consumption. That compared with 4.3% growth in the fourth quarter and a revised 4.2%, 1.6% and 2.8% growth in third, second and first quarters, respectively. The city's Financial Secretary Paul Chan had on Sunday estimated first quarter GDP to come in within the range of full-year economic growth forecast of between 2.5% and 3.5%, maintaining moderate expansion for a fifth consecutive quarter.