Hong Kong economy

Hong Kong pledges to drive APEC and ABAC goals

CE Lee said HK is eager to collaborate with ABAC firms.

CPA Australia urges Hong Kong to enhance business competiveness in budget

The committee also expects Hong Kong to address the deficit in Budget 2023-24

HKEX, Xi’an gov’t ink cooperation agreement

Under the MoU, parties will support Xi’an-based companies seeking a listing in Hong Kong.

HK talent engagement scheme attracts 160,000 applications

The government has outlined additional measures to continue to remain globally competitive.

Gov't ties up with 20 enterprises to boost HK’s I&T ecosystem

The partnership will create about 10,000 jobs in the coming years.

Hong Kong, Zhongshan to reinforce cooperation

They will cooperate in various areas such as finance and trade, amongst others.

Hong Kong posts $34.8b deficit in April

Its expenditure is at $69.6b, whilst its revenue was $34.8b.

Hong Kong economy may expand by 3.5% in 2023: BEA

The economy is expected to contract by around 3% in 2022. 

Hong Kong ponders lifting of more COVID restrictions

The government wants to further open up Hong Kong.

Hong Kong may see negative economic growth in 2022

This is due to the rising cost of capital and tightening monetary conditions amongst others. 

GDP shrinks by 4% YoY in Q1

This is a reversal from the growth in the previous four quarters.

HKEX launches OCG-C centralised access trading platform

This shows HKEX's commitment to building efficient tech solutions.

HK places third in Global Financial Centres Index

The UK think tank Z/Yen and the China Development Institute authored the report.