Hong Kong SMEs

SMEs remain in ‘expansionary’ territory in Q4 2022

This is for the eighth consecutive quarter, OCBC noted. 

External environment, cross-border travel disruption weigh business sentiment

Business receipts in the third quarter showed decreases, the C&SD reported. 

SME business optimism improves in October 

But, next month’s expectations are more cautious.

Business sentiment of SMEs ‘eases’ in July

The current diffusion index dropped to 43.4 during the month.

How can SMEs benefit from HKPC's new digital portal

The portal will offer digital solutions and awareness.

Over half of Hong Kong SMEs expects to overcome 5th COVID-19 wave

Whilst 57% see their revenue will remain the same or grow in the next three months.

13% of SMEs find credit approval more difficult

The SMEs' perception jumped 1% compared to the previous quarter.

SME business receipts diffusion index dips to 46.7 in October

The current DI is also lower than the November estimate of 49.7.

HK SMEs more likely to switch to digital banks, fintech: EY

This signaled the growth in the digital transformation of SMEs in the city.

Businesses sustain optimism in July: C&SD

This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.

Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan

After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.

SMEs optimism hit 3-year high as economy rebounds

The overall SME leading business index rose to 46.6, the highest since Q3 2018.

SMEs sentiments improve despite staying cautious 

The diffusion index on business receipts inched up to 45.1 in June.