Economy
HK opposes EU sanctions
The sanctions were based on restrictions on freedoms of expression, association, and press.
Hong Kong inflation grows by 2.4% in December
This is significantly larger than the 1.8% growth in November.
HK’s fiscal deficit to be lower than expected at $9b: PWC
The government’s estimate was $101.6b.
External merchandise trade volume up double digits in November 2021
Total exports and imports of goods rose by 14.6% YoY and 10.3% YoY, respectively.
HK expects $233.9b public sector investment for green energy
The funding will span the next 15 to 20 years.
Hong Kong to expand vaccine bubble coverage on 24 February
This will include restaurants and recreational facilities, among others.
Retail sales jump 7.1% YoY to $30.7b in November 2021
This is due to the positive consumer sentiment and the economic recovery.
Deposits inch up by 0.6% in November 2021
Total loans and advances “remained virtually unchanged.”
Export growth to slow down to 8% in 2022: HKTDC
Export growth in 2022 will be affected by four factors.
Business receipts of service industries rise in double-digits in Q3
Amongst industries, transportation had the highest growth, jumping 76.5% YoY.
Which sector had the highest total receipts for 2020?
The combined total receipts of the sectors decreased by 6.7% YoY to $4,614.7b.
HK places five more countries on their high-risk list
These five countries have Omricon cases.
HK to spend about HK$240b for green initiatives in next 15-20 years
The initiatives include accelerating net-zero electricity generation.
HK is 4th best market for forex trading: InvestinGoal
The city received a 9.23 score out of 10.
60% of GBA companies are eyeing ASEAN expansion in 3 years
Expansion plans were greatly expressed by companies from the industrial goods sector.
HK launches first renminbi green bonds offering for $6.099
It was offered in two tranches with coupon rates of 2.8% and 3%.
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