HK economy grows 2.7% in Q1 

Q1 ended the four consecutive quarters of GDP decline.

HK economy grows 2.7% in Q1 

Q1 ended the four consecutive quarters of GDP decline.

Exports value dips by 1.5% YoY to $367.2b in March

The pace of decline, however, has moderated.

Unemployment rate drops to 3.1% 

There were 115,100 unemployed from January to March.

Hong Kong CPI shrinks to 1.7% in March 2023

Food prices declined against a high benchmark caused by supply disruptions easing the city's inflation rate.

1 in 4 HKers expect business situation to be better in 2Q 2023

But one in ten anticipate the worst business conditions in the city.

Proposed tax concessions get approval

The measure to increase the child allowance was also passed.

3 in 4 SMEs expect sales growth in 2023

Business optimism has prompted 58% of SMEs to increase their headcount.

HK deposits dip 1.6% to $15.39t in February

Renminbi deposits decreased by 2.8% to RMB813.5b.

Mortgage loans up by 29.1% to $34.2b MoM

But loans for refinancing dipped by 8.8%.

Mainland tourists could drive Hong Kong’s retail market growth up

Growth in the retail market could reach 25% or pre-pandemic levels.

What can lead Hong Kong’s economy to rebound

Economists predict economic growth of 3.5%-4.0% for Hong Kong. 

Exports value drops 8.8% YoY to $286.2b in February

The weak external environment contributed to the decrease.

Amended listing rules to compel Chinese tech firms to list on HKEX: report

This amidst the global political conflict between the US and China.

Business sentiment of HK exporters improve in Q123

The Hong Kong Export Index has risen by 9.3 points to 39.0.

Hong Kong is Asia’s most expensive business travel destination

Globally, the market is 16th priciest for business concerns.

How Hong Kong plans to position itself as a greener city

The government will establish a green-tech committee as part of its efforts.