Economy
GDP dips 1.4% YoY in Q2: advance estimates
GDP dips 1.4% YoY in Q2: advance estimates
The decline was due to the weak performance in external trade.
Exports value dip 6.4% YoY to $380.7b in June
The Census & Statistics Department said exports to the Mainland continued to fall.
SME leading business index up 11.4 points in Q32022: HKPC
All sub-indices rebounded during the quarter.
Gov’t rolls out upgraded health declaration system on 28 July
The launch is on a trial basis and will fast track quarantine procedures.
Total AUM may still grow amidst rise in China’s wealth: PwC, AIMA
Between 2009 and 2020, China’s wealth rose twelvefold.
Xi wants ‘one country, two systems’ unchanged
The Chinese leader said the principle was successful.
Lee seeks to strengthen HK status as international financial, trading centre
John Lee was sworn in as Hong Kong’s new leader.
HKEX to attract high-quality US-listed Chinese firms: PwC
Overall market capitalisation in Hong Kong reached $42t in 2021.
Businesses see 50% increase of bad debt write-offs: study
Almost half of the total value of business-to-business invoices was overdue.
Average pay rate went up by 1.8% in March
More than half of firms posted an increase in their average wage rates.
Value of Hong Kong exports drop by 1.4% to $388.1b
The value of exports has fallen behind the value of imports.
The value of Hong Kong exports dropped by 1.4% to $388.1b in May, falling behind the...
Stop the party! Gov’t prolongs social distancing rules until 13 July
Negative tests are required from customers of bars, pubs, clubs, and nightclubs.
Xi Jinping to grace meeting marking 25th year of HK’s return to motherland
CE Lam says Xi’s attendance shows central authorities’ support for Hong Kong.
‘Worse than 2021’ German business confidence in HK at record low
The average score for business confidence was at 2.30.
Inflation up by 1.2% YoY in May
It is smaller than the increase in April 2022 with 1.3%.
Deadline for 5G subsidy applications extended to 31 December
The $100m scheme was launched under an anti-epidemic fund.
Joblessness drops to 5.1% in May
The total number of unemployed people stands at 191,400.
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