Economy

Hong Kong inflation grows by 2.4% in December

This is significantly larger than the 1.8% growth in November.
1 day ago

Hong Kong inflation grows by 2.4% in December

This is significantly larger than the 1.8% growth in November.
1 day ago

HK’s fiscal deficit to be lower than expected at $9b: PWC

The government’s estimate was $101.6b.
1 day ago

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.
3 days ago

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 to spend about HK$240b for green initiatives in next 15-20 years

The initiatives include accelerating net-zero electricity generation.

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%.

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.