Economy
HKMA buys $7.8b to defend Hong Kong dollar peg: report
HKMA buys $7.8b to defend Hong Kong dollar peg: report
Aggregate balance will rise to HK$116.6b on May 7, 2025.
Economy grows 3.1% in Q1 amidst robust trade
However, the outlook is dampened by trade policy uncertainty.
Trump’s trade reboot clouds APAC outlook, CRE holds for now: report
APAC entered 2025 with economic momentum: Q1 GDP growth came in at 3.9%, matching pre-Trump levels.
Hong Kong posts $45.4b trade deficit amidst strong import growth in March
Import value increased by 16.6% in the month.
HK, Zhejiang strengthen ties with new cooperation mechanism
The new mechanism covers 13 collaboration areas, with four agreements on I&T, housing, trade, and youth.
Inflation rises 1.4% YoY in March
Underlying inflation stood at 1%.
GBA business activity rises with broad-based gains in Q1 index
GBA business activity rises with broad-based gains in Q1 index
HK’s tax pact with Armenia in effect
Companies and residents of both places won't have to pay tax twice.
Gov’t to identify new growth points for logistics industry
The Transport and Logistics Bureau will adopt five major strategies, including exploring emerging markets.
ECIC launches support measures for firms facing US trade shifts
The measures will support SMEs, exporters, and local businesses.
GDP to slow in 2025 as US-China tensions hit trade: ADB
Economy is projected to grow by 2.3% in 2025, slightly below last year’s 2.5%, before inching up to 2.5% in 2026.
Gov’t condemns US’ “unreasonable” tariffs on Hong Kong goods
The government said that this move was a “bullying act for suppressing its competitors”.
CE Lee unveils seven-pronged strategy to counter US tariffs on HK products
CE Lee unveils seven-pronged strategy to counter US tariffs on HK products
Foreign currency reserves total $3,209.9b in March
This is a slight decrease from$3,236.3b in February.
Hang Seng Index down 13% as Asian equities plunge to multi-year lows
The intensifying US-China tariff standoff on escalating recession fears, an analyst said.
Hong Kong condemns US tariffs
It called the move "bullying" and "unreasonable."
Top Hong Kong family firms earn global ranking: EY
The combined revenue of these firms reached $774b.
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