Economy
Hong Kong’s recovery likely to remain moderate, gradual in H2
Hong Kong’s recovery likely to remain moderate, gradual in H2
The strict COVID-19 measures are expected to dampen the city’s economic growth.
How SG firms can tap GBA opportunities via Hong Kong
Chief Executive Carrie Lam said the city is an “ideal gateway” for businesses.
Hong Kong’s economic growth slows down as border control remains
The city’s GDP expanded by 7.5% in the second quarter from 7.9% previously.
SMEs optimism hit 3-year high as economy rebounds
The overall SME leading business index rose to 46.6, the highest since Q3 2018.
Exchange Fund gains $102.7b in H1
Its total assets stood at $4.5t as of end-June.
HK hits back at US 'unfounded' national security law claims
The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy.
Inflation rate picks up 0.7% in June
But at a slower pace compared to 1% in May.
Hong Kong’s economy likely to grow 9.8% in Q2: MS
This is thanks to a low base year and growing external demand.
More Hong Kong businesses optimistic for Q3: Survey
Around 17% expect the situation to improve against 11% that expect otherwise.
HKEX raises the bar on profit requirements
The regulatory body also plans to keep a watchful eye on IPO-related malpractices.
Hong Kong to remain attractive to M&A
The US-China tensions made HK particularly attractive to Chinese companies, report says.
Hong Kong sees over 56,000 new local firms in H1
The number of new local companies in the city is 11% higher than the last six months.
SMEs sentiments improve despite staying cautious
The diffusion index on business receipts inched up to 45.1 in June.
Hong Kong leads race to 'normalcy'
With a score of 96%, Hong Kong is the closest out of 50 areas to pre-pandemic normal.
Wealthy Hong Kongers to reach 831,000 by 2025
The global number of millionaires could go over 84 million in the next five years.
Inflation rate speeds up 1% in May
This is faster than 0.8% in April.
Hong Kong ranks 7th most competitive economy in 2021
This is two places down from its 2020 ranking
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