Economy
California embraces Hong Kong market as trade war squeezes export options
US cherries sold in the SAR in August were around 10% cheaper than last summer.
California embraces Hong Kong market as trade war squeezes export options
US cherries sold in the SAR in August were around 10% cheaper than last summer.
Hong Kong's startup growth hit by weak Greater Bay Area links
Homegrown firms have trouble accessing new markets which could open the doors for talent and suppliers.
Hong Kong mid-year population up 0.8% to 7.45 million
Birth numbers (55,000) outweighed mortality rates (47,300).
Hong Kong is more liveable than Singapore
The SAR is at 35th place whilst the Lion City is at 37th.
GDP growth slows to 3.5% in Q2 as trade war eats into exports
Around $136b of total exports stand at risk.
Exports grind to a halt at 0.7% growth in June
The fall comes from a 12.9% expansion in May.
PMI hits 48.2 in July as trade jitters shake markets
Business sentiment plunged to a near two-year low.
Trade jitters dampen export growth to 3.3% in June
This comes from 12.9% expansion in May.
Trade tensions fail to rattle Hong Kong SMEs in Q3
SME sentiment tracker remained at 49.7.
Inflation up 2.4% for sixth straight month in June
Food prices rose steeply by 5.2%.
Exports weather through trade woes after rising 12.9% in May
Trade to the Mainland and Japan registered double-digit growth.
PMI further plummets to 47.7 in June as costs skyrocket
Inflation levels for purchase costs hit a six year high.
Trade tensions could hammer up to 2.2% of Hong Kong exports
The second round of tariffs could hit $130b worth of Chinese exports to the US via Hong Kong.
Singapore beats Hong Kong in global smart city rankings
The SAR ranks 18th globally whilst the lion city is second only to London.
Trade war could cut 1% of Hong Kong's GDP
Immediate damage would be felt by export-dependent economies like Hong Kong.
Singapore and Hong Kong startups to be linked through fintech deal
They will be engaged in a shared network and mentorship programmes.
Hong Kong inks free trade agreement with Georgia
Georgia will eliminate import tariffs on 96.6% of its tariff lines for Hong Kong products.