Economy

Rising regulations push Hong Kong trust costs higher

Rising regulations push Hong Kong trust costs higher

Firms turn to RegTech as compliance burdens grow alongside private wealth opportunities.

GDP seen to decline by 1.5% with exports under strain

China's economy is also expected to slow, with GDP forecast to decline by 0.5% by the end of 2025.

HK on track to hit 3% export growth: HKTDC

Many exporters opted to “frontload” their orders in the early months of 2025.

Hong Kong rises to third in global competitiveness ranking

Its ranking in four competitiveness factors improved across the board.

Unemployment rate up 3.5% from March to May

The underemployment rate also inched up to 1.4%.

Hong Kong advances climate risk rules in corporate policy: report

This regulatory progress demonstrates its intention to institutionalise climate risk management in corporate governance.

Exports and imports rise double digits in April

Vietnam led export and import volume growth.

Hong Kong ranks 27th globally amongst top startup ecosystems

The number of startups reached a record 4,694 in 2024.

Businesses remain confident in regulatory compliance yet financially stressed

To remain competitive, nearly a quarter (25%) are considering acquisitions.

Foreign currency reserves rise to US$431b in May

Including unsettled FX contracts, reserves were US$430.9b in May.

Hong Kong’s growth projected to moderate at 1.9% in 2025

Inflation is also expected to remain moderate at 1.8% in 2025.

Hong Kong maintains strong credit ratings with stable outlooks

Fiscal reserves are also projected to stay above $500b.

Consumer prices up 2% in April

Underlying inflation was 1.3%.

Rising tax scrutiny puts pressure on private equity, venture funds: report

Authorities are ramping up collection efforts, a tax partner said.

Unemployment rate up 3.4% in Feb-Apr 2025

Total employment decreased by around 15,600.