Economy
71% of start-ups in GBA expect revenue growth within 3 years
71% of start-ups in GBA expect revenue growth within 3 years
Revenue growth was most expected by Biotechnology start-ups (30%).
Volume of exported and imported goods rise to double-digits in 9M2021
The volume increased by 22.3% and 21.5%, respectively.
Better Home Group feels heat of new listing transparency rules
The Chinese drying rack maker was asked to disclose five conditions.
Forex reserve assets slightly increase to US$498.1b
The total assets represent 48% of HK dollar M3.
Number of HK start-ups blow up to a record high of 3,755
The figure represents a 12% increase from 2020.
HK’s GDP estimates up by 5.4% YoY in Q3
The growth, however, was more moderate than Q2’s 7.6%.
HK's financial centre status at risk with tightening of travel restrictions
The city’s rival hubs such as Singapore have already reopened.
HK retains rank as 3rd most competitive wealth management centre
Particularly, the city is highly competitive in the high-net-worth and mass affluent space.
What's the most crucial consideration in sustainable investments?
A study showed that it’s no longer the investment returns.
Consumer prices rise by 1.4% in September
The increase, however, was smaller than in the previous month's 1.6%.
Which sectors are expecting their situation to improve by end-2021?
Only 14% of businesses believe their situation will get better in Q4.
Unemployment rate slightly dips to 4.5%
The number of jobless persons was down by around 7,100
Composite interest rate remains at 0.19% by end-September 2021
This is as the weighted funding cost for deposits was steady during the month.
Lam on leave after suffering minor elbow fracture from fall
Chief Secretary for Administration, John Lee, to take over until Lam recovers.
External merchandise trade volume rises double digits in August
Total exports and imports of goods increased by 18.6% and 21%, respectively.
Gov't, BritCham HK discuss plans for commerce and trade
Secretary for Commerce and Economic Development Edward Yau laid out plans for the sector under the latest Policy Address.
HK to implement int’l tax reform on base erosion, profit shifting
The reforms will target large multinational enterprise groups.
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