Standard Chartered and HKTDC roll out market survey

The survey will look into business sentiment across the Greater Bay Area.

Standard Chartered and Hong Kong Trade Development Council (HKTDC) have partnered to launch the survey Standard Chartered GBA Business Confidence Index, a press release confirmed. The survey will look into business sentiment and synergistic effects across cities and industries in the Guangdong-Hong Kong-Macao Greater Bay Area to provide the latest business intelligence for those who want to expand their business operation in the area.

The index will be released every quarter and is computed from the analysis of more than 1,000 responses of GBA companies on their overall operations, business environment and expansion plan. The index includes five sub-indices that give indications on the business confidence for each industry, including manufacturing and trading, retail and wholesale, financial services, professional services, and innovation and technology.

The index is said to enable investors and businesses to better understand the current business climate, gauge future performance and formulate their market strategies in the Greater Bay Area, the press release added.