Economy

Consumer prices rise 1.7% in October

Consumer prices rise 1.7% in October

The uptick was attributable to the lower ceiling of rates concession.

6 out of 10 Hongkongers have no financial plan

52%, meanwhile, are concerned about the high cost of living in the future.

Why HK is the ideal platform for mainland GBA firms seeking global expansion

HKTDC, ACCA list services HK can offer for businesses expanding in RCEP markets.

HK slams US-China panel report on National Security Law

The report claimed: HK is embracing authoritarianism with the NSL implementation.

71% of start-ups in GBA expect revenue growth within 3 years

Revenue growth was most expected by Biotechnology start-ups (30%).

Volume of exported and imported goods rise to double-digits in 9M2021

The volume increased by 22.3% and 21.5%, respectively.

Better Home Group feels heat of new listing transparency rules

The Chinese drying rack maker was asked to disclose five conditions.

Forex reserve assets slightly increase to US$498.1b

The total assets represent 48% of HK dollar M3.

Number of HK start-ups blow up to a record high of 3,755

The figure represents a 12% increase from 2020.

HK’s GDP estimates up by 5.4% YoY in Q3

The growth, however, was more moderate than Q2’s 7.6%.

HK's financial centre status at risk with tightening of travel restrictions

The city’s rival hubs such as Singapore have already reopened.

HK retains rank as 3rd most competitive wealth management centre

Particularly, the city is highly competitive in the high-net-worth and mass affluent space.

What's the most crucial consideration in sustainable investments?

A study showed that it’s no longer the investment returns.

Consumer prices rise by 1.4% in September

The increase, however, was smaller than in the previous month's 1.6%.

Which sectors are expecting their situation to improve by end-2021?

Only 14% of businesses believe their situation will get better in Q4.

Unemployment rate slightly dips to 4.5% 

The number of jobless persons was down by around 7,100

Composite interest rate remains at 0.19% by end-September 2021

This is as the weighted funding cost for deposits was steady during the month.