|  NEWS

Markets

Hong Kong vows to boost fintech following digital green bonds issuance

Hong Kong’s government has reiterated its commitment to promoting fintech innovation following the issuance of around HK$6 billion worth of digital green bonds.

Economy

Hong Kong’s economic growth slower-than-predicted in 2023

The Hong Kong economy grew at a slower-than-forecast pace in 2023, highlighting the challenges to the city’s post-Covid recovery as growth is impacted by the slowdown in China and higher interest rates overseas.

Economy

Hong Kong retail sales soar as tourism rallies

Hong Kong’s ongoing inbound tourism rally saw retail sales grow for the 12th consecutive month in November, according to official data published on Thursday.

Markets

Hong Kong vows to boost fintech following digital green bonds issuance

Hong Kong’s government has reiterated its commitment to promoting fintech innovation following the issuance of around HK$6 billion worth of digital green bonds.

Economy

Hong Kong’s economic growth slower-than-predicted in 2023

The Hong Kong economy grew at a slower-than-forecast pace in 2023, highlighting the challenges to the city’s post-Covid recovery as growth is impacted by the slowdown in China and higher interest rates overseas.

Economy

Hong Kong retail sales soar as tourism rallies

Hong Kong’s ongoing inbound tourism rally saw retail sales grow for the 12th consecutive month in November, according to official data published on Thursday.

Markets

HK Central Bank leaves rates unchanged

The Hong Kong Monetary Authority (HKMA) left the base rate charged through the overnight discount window the same at 5.75% on Thursday, tracking the Federal Reserve's move to keep rates steady.

Markets

Moody’s cuts Hong Kong outlook

Moody’s has slashed its outlook on Hong Kong and Macau and placed several of China’s state-owned companies and banks on downgrade warnings.

Markets

PBOC governor vows to support China's growth

The governor of the People's Bank of China (PBOC) stated on Tuesday that monetary policy will stay accommodative to bolster the economy,

Markets

Tsim Sha Tsui still most expensive retail destination in Asia-Pacific

The Tsim Sha Tsui area of Hong Kong has maintained its ranking as Asia-Pacific's most expensive retail destination. Still, it sits in third place globally due to the pandemic restrictions that battered tourism.

Economy

Hong Kong’s Q3 growth slower than forecast

Hong Kong’s economy grew less than forecast between July and September, indicating the post-pandemic rally could be waning.

Markets

Policy address to boost “stability” of Hong Kong’s property market

Lower stamp duties for specific property transactions in Hong Kong are forecast to be announced in Wednesday’s annual policy statement.

Business

Hong Kong’s retail space vacancies start to ease

Retail vacancy rates within Hong Kong’s commercial properties are starting to moderate, say industry consultants, as changing spending patterns of locals and tourists are seeing new tenants within the rental market.

Business

1m ‘golden week’ visitors did not mean higher sales, say retailers

Around one million people headed to Hong Kong during mainland China’s ‘golden week’ holiday, yet according to retailers, the additional footfall didn’t result in higher sales.

Markets

HK Central Bank leaves rates unchanged

The Hong Kong Monetary Authority (HKMA) left the base rate charged through the overnight discount window the same at 5.75% on Thursday, tracking the Federal Reserve's move to keep rates steady.

Markets

Moody’s cuts Hong Kong outlook

Moody’s has slashed its outlook on Hong Kong and Macau and placed several of China’s state-owned companies and banks on downgrade warnings.

Markets

PBOC governor vows to support China's growth

The governor of the People's Bank of China (PBOC) stated on Tuesday that monetary policy will stay accommodative to bolster the economy,

Markets

Tsim Sha Tsui still most expensive retail destination in Asia-Pacific

The Tsim Sha Tsui area of Hong Kong has maintained its ranking as Asia-Pacific's most expensive retail destination. Still, it sits in third place globally due to the pandemic restrictions that battered tourism.

Economy

Hong Kong’s Q3 growth slower than forecast

Hong Kong’s economy grew less than forecast between July and September, indicating the post-pandemic rally could be waning.

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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