News
Stock recovery hinges on China's economic rebound, CGSI says
2+ hour, 27+ min ago (341+ words) Export strength alone will not sustain gains without wider economic improvement in China. Hong Kong stocks are becoming more attractively valued after June's sharp sell-off, but a lasting recovery will depend on a broader improvement in China's economy rather than…...
HKTDC raises export growth forecast to above 20%
4+ day, 7+ hour ago (210+ words) AI-driven demand for electronics lifted exports by 36. 2% in the first five months of 2026. The Hong Kong Trade Development Council has raised its 2026 export growth forecast to above 20%, citing stronger-than-expected shipments and sustained demand for technology products. Hong Kong's exports rose…...
High living costs leave 51% of locals short of six-month buffer
5+ day, 5+ hour ago (348+ words) Nearly seven in 10 say inflation has made monthly expenses harder to meet. More than half of Hong Kong residents would be unable to support themselves financially for more than six months without income or external assistance, as rising living costs…...
Wages rise 3. 4% in March 2026
1+ week, 5+ hour ago (148+ words) Real wages increased 1. 7%, whilst payroll per worker grew 3. 4% in the first quarter. The average wage rate increased by 3. 4% Yo Y in nominal terms in March 2026, according to the Census and Statistics Department. After accounting for inflation, the average wage rate…...
AI exports to drive Hong Kong's 3. 8% growth, says BEA
1+ week, 4+ day ago (262+ words) Consumption and investment are expected to extend the city's economic recovery. Demand for artificial intelligence (AI)-related hardware is expected to help drive Hong Kong's economy to 3. 8% growth in 2026, according to the Bank of East Asia (BEA). At its second-half…...
Finweek KL 2026: Where European capital meets ASEAN scale
1+ week, 5+ day ago (400+ words) The premier EU'ASEAN institutional fintech summit brings 1, 000+ delegates to PARKROYAL Collection Kuala Lumpur on 11 to 13 November 2026 for three days of cross-border deal-making. "Europe's rules are live. ASEAN is writing its own. That window does not stay open for long " and…...
Hong Kong services post broad gains in Q1
3+ week, 6+ day ago (261+ words) Trade recorded the largest increase whilst IT services rise sharply Yo Y. Business receipts across most major service industries in Hong Kong increased in the first quarter of 2026 from a year earlier, led by the import and export trade sector at…...
Retail sales rise 8. 6% in April
1+ mon, 3+ day ago (273+ words) Online retail sales jumped 30. 6%, accounting for 9. 7% of total retail sales during the month. Total retail sales value rose 8. 6% Yo Y to a provisional $31. 4b in April 2026, according to the Census and Statistics Department. For the first four months of 2026, total retail…...
Over 60% residents stressed over finances
1+ mon, 6+ day ago (366+ words) Rising living costs, healthcare expenses, and retirement savings emerged as the top financial concerns. More than six in 10 Hong Kong residents feel financially strained, as rising daily expenses and healthcare costs weigh on personal financial confidence, according to FWD Hong…...
GDP expands 5. 9% in Q1 on export surge
1+ mon, 2+ week ago (312+ words) Hong Kong recorded 5. 9% year-on-year (Yo Y) real gross domestic product (GDP) growth in the first quarter (Q1) of 2026, accelerating from 4. 0% in the previous quarter, driven by a sharp rise in goods exports and stronger domestic demand. Data from the Census and Statistics…...