Economy

IT services post 99% YoY jump in Q3 receipts

IT services post 99% YoY jump in Q3 receipts

Service industries will also benefit from continued improvement in local consumer sentiment.

Gov't signs IP deals with Cambodia and Malaysia

The agreements outlined information exchange, training and commercialisation initiatives.

8 in 10 Chinese companies choose Hong Kong as global launchpad

City channels 60% of China’s outbound direct investment

63% of finance leaders forecast GDP growth in 2026

Survey cites capital-market depth and financial connectivity as key supports.

November property registrations slips to 7,121 units

Residential agreements decline as total consideration eases year on year.

Construction receipts climb to $474b even as profit margins tighten

Gross surplus fell 5.9% despite the higher industry value added.

Manufacturing receipts climb to $300b in 2024

Gross surplus edged up by 1.3% as costs rise.

October trade jumps but deficit widens on strong import growth

Electronics-led demand lifted exports 17.5% and imports 18.3% YoY.

IPOs, wealth management drive bank deposits to hit $19.1t in September

It made the nation a ‘safe haven’ for capital, the Financial secretary said.

Inflation edges up to 1.2% in October

Price increases were logged in various sectors, including transport, housing, and basic food.

Jobless rate falls to 3.8% as labour force shrinks

Total employment stood at 3,672,700 or up 1,800 from the previous months.

Chinachem unit secures Tsuen Wan site for $2.475b

The 50‑year land grant strengthens the group’s non‑industrial portfolio.

Hong Kong launches $250k Manufacturing+ scheme for SMEs

The funding supports smart upgrades and lowers entry barriers for SMEs

Economy expands 3.8% in Q3

Thanks to the surge in exports and expansion in domestic demand.

Double-digit growth for export and import volumes in September

Export and import prices increased by 2.4% and 2% YoY, respectively.

HK top priority for Italian companies' Asia expansion: survey

93% believe Hong Kong can effectively support their future Asia expansion plans.