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Don’t panic, Hong Kong; at least not yet
Economist says though contraction is happening faster than in 2008-2009, the support offered by Mainland demand is also higher than previously.
Don’t panic, Hong Kong; at least not yet
Economist says though contraction is happening faster than in 2008-2009, the support offered by Mainland demand is also higher than previously.
Is Hong Kong heading into a recession?
HSBC says no as local consumption and tourist spending remains buoyant despite the country’s rising inflation.
Hong Kong PMI dropped to 45.9 in September
All sub-indices signaled a cooling of business activity, despite the continued growth of new orders from Mainland China.
Hong Kong's dollar bond issuance hits record low
It slumped 12.3% to a mere HK$70.3 billion.
CapitaMalls Asia says it’s under no funding pressure
The Singapore firm, which has announced its secondary listing in Hong Kong, will issue bonds instead of borrowing from banks.
Hong Kong’s GDP may only be 3.3% in 2012, warns analyst
Continued deterioration in external demand is clouding UBS’ 12-month outlook for Hong Kong.
5% of Hong Kong workforce on the Mainland
Survey shows 175,100 Hong Kong residents worked on the Mainland before July 2010.
Private consumption up 9.2% in Q2 2011
Seems like a good sign for Hong Kong, as private consumption accounts for 61% of its GDP.
Hong Kong’s inflation eases to 5.7% in August
UBS projects that the country’s inflation will intensify in the coming months, expecting full year 2011 inflation to more than double to 5.5% from last year’s 2.3%.
Hong Kong banks suffer from liquidity and credit quality risks
The banks were somewhat reliant on strong loan growth but though loans for domestic use have grown, almost 25% of the total loan book is now for use outside of Hong Kong.
Hang Seng Index drops to its lowest in more than 2 years
It fell to 16,822.15 with only four stocks escaping declines.
August retail sales up 29%
But volume of sales of furniture and fixtures fell 1.8%.
64% of Hong Kong finance professionals feel job satisfaction
Ironically, they are the most pessimistic workers in the region, with 55% having a gloomy economic outlook.
Hong Kong’s equity capital markets plummet 27% to US$37.6b in 2011
Morgan Stanley is the top bookrunner in Hong Kong, with total proceeds of US$7.2 b so far, increading its market share by 6%.
Fancy some wine? Apparently not
For the first time in almost 20 sales Sotheby’s was left with one bottle too many of Chateau Lafite Rothschild after failing to attract buyers.
Trading resumes in Hong Kong
Typhoon Nesat, which made Hong Kong issue the highest storm warning in two years, caused the stock exchange to halt trading on 29 September 2011.
CapitaMalls Asia’s Hong Kong shares to begin trade in October
It sought the secondary listing to support plans to expand in China.
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