, Hong Kong

SMEs sentiments improve despite staying cautious 

The diffusion index on business receipts inched up to 45.1 in June.

The business sentiment of small- and medium-sized enterprises (SMEs) improved in June despite being cautious amidst the continuing pandemic. 

The current diffusion index (DI), as reported by the Census and Statistics Department,  inched up to 45.1 in June from 44.3 in May. 

The department’s outlook on the following month is 49.5. 

Readings of above 50 indicate that business condition is generally favourable; whilst below 50 indicate otherwise.

“The sub-indices for many sectors increased over the preceding month and that for the restaurant sector stayed in the expansionary zone.”

The current DIs on business receipts for the majority of the surveyed sectors rose by varying degrees in June, compared with the previous month.

In particular, the wholesale trade rose to 48.6 from 37.8 and logistics to 44.3 from 38.2.

The current DI on new orders for the import and export trades dropped to 44.7 in June from 46.6 in May; whilst the outlook DI on new orders in the month ahead is 48.2.

The spokesman noted business sentiment amongst SMEs continues to hinge on the economic outlook as well as the COVID-19-related developments across the globe. 

Follow the link s for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

3 Hongkongers land on Forbes Asia's Power Businesswomen 2024
The youngest is Stephanie Lo, vice chairman of Shui On Land.Three Hongkongers were included in Forbes Asia’s Power Businesswomen 2024 for being the first women to step into their roles in their companies.The youngest of the three is Stephanie Lo, vice chairman of Shui On Land. Lo assumed the role in May, overseeing the China-focused property development arm of the Shui On Group, founded by her father, Vincent Lo.Also on the list is Clara Chan, CEO of Hong Kong Investment Corporation (HKIC). Prior to HKIC, Chan was a manager of direct investments at the Hong Kong Monetary Authority in 2010 where she handled the $39b bailout of Cathay Pacific during the pandemic.The third Hongkonger is Bonnie Chan, CEO of Hong Kong Exchanges and Clearing, who has overseen a notable increase in listings this year. In the second quarter, 18 companies went public compared to 12 in the first, raising 79% more funds.
Media & Marketing

Exclusives

Stellerus helps organisations manage hazard, climate risks
The Hong Kong startup offers a fast and accurate early warning system for natural disasters.
K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.