Economy

Hong Kong IPO activities to remain active in 2021: EY
22 Jan 21
This is despite a decline in deal numbers last year.
Hong Kong's ‘zero case' stance may delay opening borders past 2022
21 Jan 21
Continued travel ban may have a significant impact on the country’s GDP.
Export volume up 6.2% in November 2020
21 Jan 21
Export volumes to Taiwan recorded a double-digit increase during the month.
More business closures, layoffs imminent after Lunar New Year: Chan
19 Jan 21
The finance secretary said the current situation is still severe.
China plays key role in Hong Kong's business growth: study
5 Jan 21
Hong Kong’s recovery is dependent on local and global economies.
Value of total exports, imports flourished in November: CS&D
4 Jan 21
Total exported goods hit $379.6b, whilst total imported goods reached $405.2.
HKTDC Export Index leaps to 36.2 points in Q4
10 Dec 20
The index has recorded growth for the third consecutive quarter.
Asian Export Awards 2020 commends leading exporters in the region
9 Dec 20
The awards were handled via digital presentations.
Business booming for high net worth families in Hong Kong: study
9 Dec 20
Hong Kong businesses said to be flourishing for the past two months.
Hong Kong PMI rises by 0.3 point in November
4 Dec 20
The November PMI stands as the highest reading since March 2018.
Why Hong Kong needs a corporate wellness paradigm shift now
4 Dec 20
Three reasons why Hong Kong needs a corporate wellness paradigm shift now and five ways to make it happen in your company Hong...
Hong Kong businesses doubtful about outlooks: HSBC
2 Dec 20
But 50% still intends to increase investment in their business next year.
Supporting local businesses: preserving the treasured soul of our neighbourhood
27 Nov 20
Choosing local doesn’t just help the economy; it also keeps cultural diversity alive in the community.
Hang Seng Indexes launches two new indexes
24 Nov 20
The indexes enrich the index suite of HSTECH.
Hong Kong hopes to join RCEP trade deal: finance chief
23 Nov 20
15 countries have recently signed the largest regional free-trade agreement.
Export volume up 10.3% in September
17 Nov 20
However, year-to-date export volumes are still lower than that of 2019 YTD.
GDP dips 3.4% in Q3
6 Nov 20
Private consumption expenditure improved to 7.7% from Q2.
Market rebounds with 2.8% HSI rise
5 Nov 20
The IT sector performed best in the Hang Seng Composite Index.
HK imports rise 9.1% in September
30 Oct 20
Total import value for the territory was $392b, whilst total export value was $379.3b.
Salaries on the rise for manufacturing, electricity industries
30 Oct 20
Other sectors with rising wages include gas supply, construction, financing, and insurance.
Consumer prices down 2.2% in September
28 Oct 20
Deflation was due to waivers of public housing rentals from the housing authority.
One in four businesses expects operating situation to worsen in Q4
28 Oct 20
Hiring in manufacturing, retail expected to decrease during the quarter.
Export volume down 1.2% in August
21 Oct 20
August 2020 statistics showed a decrease by 1.2% and 4.5%, respectively.
Hong Kong relaxes social distancing rules for weddings, local tours
21 Oct 20
The number of maximum attendees has been raised to 50 people.
COVID-19 sped up digitalisation, innovation in Hong Kong: survey
21 Oct 20
Some businesses are confident that their business will soon recover.
Employment in private sector dips by 5.1%
14 Oct 20
Vacancies decrease by 47% over the preceding year.
HK inks tax pact with Georgia
14 Oct 20
This is Hong Kong’s 45th comprehensive avoidance of double taxation agreement.
Exports down 2.3% in Q3
29 Sep 20
Total exports pursues cutback for the eighth-month.
Labour market remains 'austere' in June-August
21 Sep 20
F&B unemployment rate remained high at 14.4% during this period.
Labour market remains 'austere' in June-August
21 Sep 20
F&B unemployment rate remained high at 14.4% during this period.
GDP shrunk 8.1% in Q2
15 Sep 20
Total income earned by residents fell 7.5%.
Hong Kong eases social distancing measures from 28 August
26 Aug 20
Cinemas, beauty parlors and selected outdoor outdoor sports premises will reopen.
Hong Kong hailed as 4th priciest market in Asia for hiring expats
25 Aug 20
The average cost of employing a mid-level expatriate worker in the region is at $2.23m.
Inflation down 2.3% in July
24 Aug 20
The government’s payment of public housing rentals dragged it down.
China vows to support Hong Kong as a financial hub
24 Aug 20
The CBIRC assures that Hong Kong’s standing will not weaken.
Jobless rate dipped to 6.1% in May-July
20 Aug 20
It eased in the information and communication, professional and business services sector.
GDP shrinks 9% in Q2
18 Aug 20
Private consumption expenditure fell 14.2% during the period.
Export volume down 6.2% in H1
18 Aug 20
Total exports continued to decline for the fourth-straight month in June.
PMI further contracted to 44.5 in July: IHS Markit
5 Aug 20
New orders, input prices and business confidence deteriorated at a quicker rate.
Hong Kong's retail sales slip 24.8% in June
3 Aug 20
The decline softened as the local epidemic abated during the month.

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