Economy
What does Trump's return mean for Hong Kong?
What does Trump's return mean for Hong Kong?
Nomura predicts lower GDP growth and slower Fed rate cuts.
Diffusion index climbs to 42.3 in October
Thanks to easing financial conditions and initiative to boost the business environment.
Hong Kong’s exports inch up by 1.2% YoY in September
The volume of imports of goods decreased by 1.2%.
Lee calls for mutual respect in trade relations
He also stressed the importance of non-interference in local affairs.
17 strategic enterprises establish operations in Hong Kong
The new partners span a variety of high-tech industries.
SME Leading Business Index up 3.2 points in Q4 2024
Four in five sub-indices recorded increases.
HKSTP inks 9 partnership agreements to boost ties with Middle East
One of the partnerships involves Saudi Arabia's FII Institute.
Paul Chan outlines Hong Kong's role in developing Belt and Road economies
He has met with officials in Saudi Arabia, witnessed various MoUs, and delivered a speech at the FII.
Gov't strongly objects to US tech investment ban
The government said it is rejecting the measure.
Exports value eases to 4.7% YoY in September
In August, exports value rose 6.4% YoY.
HK maintains strong position in rule of law index
Its score for Absence of Corruption also increased, ranking 10th worldwide.
Consumer prices rise 2.2% YoY in September, slowing from August
In August, prices increased by 2.5% YoY.
UOB hikes GDP forecast to 2.9% despite rising inflation, economic headwinds
Hong Kong faces weak external demand and low consumer confidence, amongst other challenges.
Gov't receives over 300k applications for new silver bonds batch
The total issuance amount is set at $55b and will be issued on 23 October.
Jobless rate holds steady at 3%
The number of jobless individuals however dropped by 1,700.
Hong Kong ranks as world's freest economy
Amongst the five areas of assessment, the city ranked top in ‘freedom to trade internationally’ and ‘regulation.’
2024 Policy Address: Industry stakeholders laud Lee’s policies on economy and IT development
The government plans to set up the $10b IT Industry-Oriented Fund.
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