, Hong Kong
Photo by Joel Fulgencio on Unsplash

Situation of SMEs improves but remains unfavourable

The diffusion index (DI) on business receipts amongst SMEs rose to 45.4 in August.

The diffusion index (DI) on business receipts amongst small and medium enterprises (SMEs) rose to 45.4 in August from 43.4 in July, indicating an improvement in the situation of businesses.

The reading, however, remains below 50 or the contractionary zone, meaning that the business condition of SMEs remains unfavourable.

The increase in the DIs of all sectors, except real estate, drove improvement in the index, said the Census and Statistics Department (C&SD).

Next month, C&SD expects the business condition of SMEs to improve further, with the outlook DI at 48.0.

Meanwhile, DI on new orders for the import and export trades also in August to 46.9 from 43.1 in July. 

According to a government spokesman, the Phase II of the Consumption Voucher Scheme should “continue to support consumption-related businesses, though tightened financial conditions and development of the local epidemic may affect sentiment in these sectors.”

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


‘Wall-less’ office tears down barriers to collaboration amongst AnyMind’s creatives
The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’
Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.