News
Credit card circulation crept up a measly 0.1%
But card transactions edged down.
SEA cross-border outbound M&A volume hit record high
It's a whopping 73% spike.
Employment growth remains miniscule at almost 0%
Job cuts in finance are the culprits.
Private consumption drops to measly 2%
It’s going to fall further.
Account surplus reach HKD47.6b
It is swinging back.
Fixed investment up to 3% in Q1
It remains a key driver of growth.
Exports falls to 0.7% in Q1
But there’s still hope.
3-month HIBOR hits 0.4%
It is expected to remain low.
Median household income grows 6.2% in Q4 of 2013
Income of household in private housing stagnates.
Fiscal surplus plunges to 6% of GDP
It’s not a problem.
CCL dropped 4.4% since March
Luxury property prices continue to ease.
Loans hike by 11.5% in 2014 first quarter
But don’t expect strong expansion.
Industrial market sales decline by 79% yoy
But there were also large transactions.
Warehouse rents rise by unremarkable 2.8% in Q1
Growth was seen in peripheral areas.
Hong Kong GDP slows to disappointing 2.5%
Poor export performance is to blame.
Cathay Pacific launches non-stop flight to Zurich
It will be a four-class configuration.
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