Economy
‘Worse than 2021’ German business confidence in HK at record low
‘Worse than 2021’ German business confidence in HK at record low
The average score for business confidence was at 2.30.
Inflation up by 1.2% YoY in May
It is smaller than the increase in April 2022 with 1.3%.
Deadline for 5G subsidy applications extended to 31 December
The $100m scheme was launched under an anti-epidemic fund.
Joblessness drops to 5.1% in May
The total number of unemployed people stands at 191,400.
Exports rise for the first time in 12 months
It grew 6.3 points to 30.9 points in the second quarter of 2022.
Hong Kong is world's 5th most competitive market
The city jumped two places from last year's ranking.
Lam OKs reappointment of Laura Cha as HKEX head
Cha was elected during a board meeting on 27 April.
Hong Kong retains its crown as most expensive location in the world
Higher prices and stronger currency have allowed the city to continue its reign.
Premature to say if HK is facing a sixth wave: Lam
The city has been seeing an increase in positive cases since the beginning of June.
HK dollar deposits decrease by 0.5% in April
Total deposits with authorised institutions decreased by 0.3% in April.
HKPC launches Green Hall
This will help Hong Kong achieve its carbon neutrality goal before 2050.
Hong Kong sees exports rise 1.1% in April
Total exports of goods stood at $389b.
Around 1 in 10 Hong Kongers show PTSD symptoms one year after COVID
Unemployment and time spent watching pandemic news were linked to the symptoms.
Investors shouldn’t be overly alarmed amidst HKD peg resilience: Bank of Singapore
Risk of Hong Kong Dollar de-pegging is very low.
Unemployment rate rises to 5.4% from February to April
The total number of unemployed people stands at 206,100.
GDP shrinks by 4% YoY in Q1
This is a reversal from the growth in the previous four quarters.
Hong Kong GDP to shrink by 4.0% YoY in Q122: estimates
This will mark the first contraction since Q4 2020.
Read Here
Advertise
Sign Up
Commentary
Hong Kong hospitality: Momentum and the new lifestyle era
Understanding Hong Kong’s new land premium policy
Hong Kong: At the forefront of digitalisation and evolving international disputes
AI drug discovery, GLP-1, and the next wave of Hong Kong biotech listings