Economy

Loans for use in the market were down by 1%.

The decrease was attributed to the sale of US$ under currency board arrangements.

The government signed mutual recognition arrangement documents.

In August, the deficit was at $183b.

The deterioration of the external economic environment contributed to the fall.

The financial leaders' summit boosted the market's financial status.

The increase in September 2022 was at 4.4%.

The total number of unemployed people stands at 147,400.

There were 25 major deals with transaction volumes soared by 93%.

The first round of talks will cover subjects such as trade in goods.

PwC said 20% of Hong Kong NextGens have their own businesses.

Imports of goods also went down by 14% over September last year.

The government wants to further open up Hong Kong.

But, next month’s expectations are more cautious.

This covers the Bud Fund and EMF.

Advanced GDP estimates showed a drop of 4.5%.