Economy

New measures to strengthen financial cooperation between HK, Mainland China

Hong Kong will launch a new RMB Trade Financing Liquidity Facility with a total size of $106.21b.

Hong Kong targets gold trading, global ties to boost economy

It aims to boost competitiveness by enhancing access to Mainland China's financial markets.

EPD announces new arrangements for plastic recycling set

The GREEN@COMMUNITY network will take over plastic recycling services after the pilot scheme ends.

HK sees 10% growth in startups in 2024

Growth has been especially strong in the health and medical fields.

Hong Kong GDP growth seen at 2.1% on weak consumption

Inflation is also expected to rise next year.

GDP growth slows in Q3

The services sector sees mixed results.

2025 budget to reflect public views

The public consultation, which began on Sunday, has already received a wealth of feedback.

HK exports up 0.3% in October

Imports of goods also increased by 1.5% over the same period.

HK's gross national income rises by 4.2% YoY to $899.6b in Q3 2024

Mainland China contributed 40.3% of its primary income inflows.

HK's exports set to grow by 4% in 2025

Electronics exports grew by 13.5% year-on-year in the first 10 months of 2024.

Hong Kong attracts 66 strategic enterprises

About 60% of these enterprises have set up new operations in the region.

Hong Kong direct investment stocks rise in 2023

Inward and outward DI rose by 6.2% and 3.8%, respectively.

Diffusion index down to 41.9 in November

Business receipts DI fell for business services, restaurants, and retail trade.

Uncertainty looms over HK's economy amidst geopolitical tensions, anticipated Trump policies

Lower domestic interest will be positive for private consumption and investments.

Business receipts value up YoY in Q3 2024

A double-digit increase was recorded in transportation, financing, and insurance.