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News Updates

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

Markets

Rising home sales in Hong Kong continue to face headwinds 

Hong Kong's increase in home sales is anticipated to face challenges in maintaining momentum due to the city's sluggish economic outlook and high interest rates.

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posted on 28.10.2024

Economy

UOB hikes Hong Kong GDP forecast for 2024

United Overseas Bank (UOB) has raised its forecast for Hong Kong’s GDP growth in 2024 to 3.2% from a previous estimate of 2.9%, despite the headwinds in the second half of the year.

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posted on 23.10.2024

Economy

Hong Kong unveils reforms to spark economic growth

Hong Kong's leader promised on Wednesday to reform and rejuvenate the economy and financial markets, including reducing liquor taxes, while aiming to enhance the poor living conditions of the city's most vulnerable residents.

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posted on 17.10.2024

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.

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posted on 07.10.2024

Markets

Rising home sales in Hong Kong continue to face headwinds 

Hong Kong's increase in home sales is anticipated to face challenges in maintaining momentum due to the city's sluggish economic outlook and high interest rates.

User Icon

posted on 28.10.2024

Economy

UOB hikes Hong Kong GDP forecast for 2024

United Overseas Bank (UOB) has raised its forecast for Hong Kong’s GDP growth in 2024 to 3.2% from a previous estimate of 2.9%, despite the headwinds in the second half of the year.

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posted on 23.10.2024

Economy

Hong Kong unveils reforms to spark economic growth

Hong Kong's leader promised on Wednesday to reform and rejuvenate the economy and financial markets, including reducing liquor taxes, while aiming to enhance the poor living conditions of the city's most vulnerable residents.

User Icon

posted on 17.10.2024

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.

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posted on 07.10.2024

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.

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posted on 19.09.2024

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.

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posted on 16.09.2024

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.

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posted on 28.08.2024

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.

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posted on 19.08.2024

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.

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posted on 14.08.2024

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

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posted on 06.08.2024

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.

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posted on 30.07.2024

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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