Economy

HK exports up 0.3% in October

HK exports up 0.3% in October

Imports of goods also increased by 1.5% over the same period.

HK's gross national income rises by 4.2% YoY to $899.6b in Q3 2024

Mainland China contributed 40.3% of its primary income inflows.

HK's exports set to grow by 4% in 2025

Electronics exports grew by 13.5% year-on-year in the first 10 months of 2024.

Hong Kong attracts 66 strategic enterprises

About 60% of these enterprises have set up new operations in the region.

Hong Kong direct investment stocks rise in 2023

Inward and outward DI rose by 6.2% and 3.8%, respectively.

Diffusion index down to 41.9 in November

Business receipts DI fell for business services, restaurants, and retail trade.

Uncertainty looms over HK's economy amidst geopolitical tensions, anticipated Trump policies

Lower domestic interest will be positive for private consumption and investments.

Business receipts value up YoY in Q3 2024

A double-digit increase was recorded in transportation, financing, and insurance.

Less containers, ocean vessel arrivals in Q3

The port handled 3.41 million TEUs of containers during the quarter.

Total port cargo throughput down 3.5% YoY in Q3

Both inward and outward port cargo declined.

Hong Kong GDP growth to dip in 2025 amidst trade tensions, high rates

It will decline to 2% from 2.6% in 2024, Deutsche Bank said.

Hong Kong rate cuts to drive investor interest in 2025

Lower rates will attract institutional and property funds to value-driven opportunities.

PASS opens application for new project proposals

The deadline for the new round of applications is 28 February 2025.

IRD lowers tax reserve certificate interest to 0.5500%

This is a reduction from the current rate of 0.7167%.

HK announces 3 pilot areas of land disposal in Northern Metropolis

Each pilot area covers private residential, industry, and public facility sites.