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News Updates

Find out the latest news on Acuma Hong Kong Limited featuring top financial and economic updates.

Economy

HSBC forecasts 6 US rate cuts by June in boost for Hong Kong economy 

Hong Kong’s largest lender, HSBC anticipates six more rate cuts in the US, significantly reducing funding costs and positively impacting the local economy and markets, according to HSBC Hong Kong CEO Luanne Lim.

Economy

HKMA cuts interest rate by 50 basis points

The Hong Kong Monetary Authority (HKMA) lowered its base rate, applied through the overnight discount window, by 50 basis points to 5.25% on Thursday, following a similar action by the US Federal Reserve.

Economy

Chinese stocks in Hong Kong recover from previous losses 

​​​​​​​A gauge of Chinese stocks traded in Hong Kong recovered from an initial loss during turbulent trading, as investors considered whether disappointing macroeconomic data might lead the government to increase stimulus measures.

Economy

House price declines in Hong Kong accelerate during July

Hong Kong's private home prices experienced a sharper decline in July, marking the third consecutive month of decreases.

Economy

HSBC forecasts 6 US rate cuts by June in boost for Hong Kong economy 

Hong Kong’s largest lender, HSBC anticipates six more rate cuts in the US, significantly reducing funding costs and positively impacting the local economy and markets, according to HSBC Hong Kong CEO Luanne Lim.

Economy

HKMA cuts interest rate by 50 basis points

The Hong Kong Monetary Authority (HKMA) lowered its base rate, applied through the overnight discount window, by 50 basis points to 5.25% on Thursday, following a similar action by the US Federal Reserve.

Economy

Chinese stocks in Hong Kong recover from previous losses 

​​​​​​​A gauge of Chinese stocks traded in Hong Kong recovered from an initial loss during turbulent trading, as investors considered whether disappointing macroeconomic data might lead the government to increase stimulus measures.

Economy

House price declines in Hong Kong accelerate during July

Hong Kong's private home prices experienced a sharper decline in July, marking the third consecutive month of decreases.

Economy

Hong Kong economy grows 3.3% in Q2

Hong Kong’s economy maintained its growth in the second quarter of 2024, with real GDP increasing by 3.3% year-on-year.

Economy

HK architects urge government to advance public projects to safeguard sector

Hong Kong’s architectural industry has called on the government to expedite public projects to prevent the sector from contracting, cautioning that multiple unsuccessful land bids have led some companies to lay off workers or put employees on unpaid leave.

Economy

Hong Kong to increase market reach in second half of 2024

Hong Kong plans to broaden its market reach in the second half of this year to strengthen connections with investors in Europe, the United States, Australia, and the Middle East

Markets

HK legislator pushes for Strategic Bitcoin Reserve

Pro-crypto Hong Kong Legislative Council Member Johnny Ng has urged the special administrative region to “research and consider” the possibility of including Bitcoin in its strategic financial reserves.

Economy

Hong Kong welcomes 21m tourists in first half of the year

Official data shows that Hong Kong welcomed 21 million visitors in the first half of 2024, marking a 64% year-on-year increase. However, visitors spent fewer nights than in 2023.

Markets

Hong Kong Dollar rally set to peak in July

​​​​​​​The Hong Kong Dollar's gains against the US Dollar are anticipated to peak in July, driven by significant dividend payments from companies listed on the city's stock exchange.

Politics

Foreign residents in Hong Kong offered 5-year travel visa by China

Non-Chinese residents living in Hong Kong and Macau will find it easier to travel to mainland China following Beijing's relaxation of visa regulations, aimed at further integrating these semi-autonomous regions into national development initiatives.

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Media contact

Acuma Hong Kong’s Public Relations department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact Acuma Hong Kong’s Head of Public Relations on [email protected] or call +44 2071220925