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Page 2 - Hong Kong Economy

Hong Kong retail sales fell for 11th straight month in Dec as protests hurt

For the whole of 2019, sales fell 11.1 per cent from a year earlier to Hong Kong dollar 431.2 billion

Hong Kong retail sales fell for 11th straight month in Dec as protests hurt
Updated On : 04 Feb 2020 | 2:38 PM IST
Updated On : 03 Feb 2020 | 2:41 PM IST

Hong Kong exchange chief warns of economic 'devastation' from protests

The protests have evolved over the months into a broad pro-democracy campaign, with demands for universal suffrage and an independent inquiry into complaints of police brutality

Hong Kong exchange chief warns of economic 'devastation' from protests
Updated On : 09 Jan 2020 | 11:44 PM IST

Hong Kong counting the economic cost of chaos even as retail crisis looms

Financial Secretary Paul Chan made the announcement to lawmakers Monday, explaining that the ongoing turmoil has hurt economic growth by some 2 percentage points this year

Hong Kong counting the economic cost of chaos even as retail crisis looms
Updated On : 02 Dec 2019 | 10:11 AM IST

After months of unrest, Hong Kong protests slacken ahead of district poll

Amid concerns that violence could cause authorities to delay the polls, first-time voters have been advised online to avoid spoiling their ballots

After months of unrest, Hong Kong protests slacken ahead of district poll
Updated On : 23 Nov 2019 | 8:58 PM IST

Protests, trade war plunge Hong Kong into recession, GDP shrinks 3.2%

From a year earlier, the economy contracted 2.9%, also in line with the preliminary reading

Protests, trade war plunge Hong Kong into recession, GDP shrinks 3.2%
Updated On : 16 Nov 2019 | 2:00 AM IST

Hong Kong universities become 'battlefields' as citywide violence spreads

The epicentre was the Chinese University of Hong Kong where the usually placid hillside grounds were turned into a battlefield

Hong Kong universities become 'battlefields' as citywide violence spreads
Updated On : 13 Nov 2019 | 3:21 AM IST

Hong Kong business activity shrinks at fastest pace in 21 yrs amid protests

More than five months of often violent street protests have battered the city's retail and tourism sector

Hong Kong business activity shrinks at fastest pace in 21 yrs amid protests
Updated On : 05 Nov 2019 | 8:28 AM IST

Pro-democracy protests push Hong Kong into first recession in 10 years

The economy shrank 3.2 per cent in July-September from the preceding period, contracting for a second straight quarter and meeting the technical definition of a recession

Pro-democracy protests push Hong Kong into first recession in 10 years
Updated On : 01 Nov 2019 | 3:18 AM IST

Five-months of relentless anti-govt protests push Hong Kong into recession

Hong Kong's Financial Secretary said, the city is unlikely to achieve annual economic growth this year

Five-months of relentless anti-govt protests push Hong Kong into recession
Updated On : 28 Oct 2019 | 8:48 PM IST

A long list of economic problems await Hong Kong. How they can be fixed

Many in the city question the political will of Hong Kong's government officials to take bold, aggressive action in a range of policy areas

A long list of economic problems await Hong Kong. How they can be fixed
Updated On : 17 Oct 2019 | 9:00 AM IST

Violent protests push Hong Kong into a recession with no recovery in sight

The economy in Hong Kong contracted in the second quarter, almost certainly in the third quarter and the data are still deteriorating

Violent protests push Hong Kong into a recession with no recovery in sight
Updated On : 10 Oct 2019 | 1:16 PM IST

Hong Kong's retail woes deepen as violent protests deter Chinese shoppers

Retail sales forecast for Hong Kong have fallen 14 per cent in August from a year ago and hotel occupancy rates have slid to 66 per cent from 94 per cent in August 2018

Hong Kong's retail woes deepen as violent protests deter Chinese shoppers
Updated On : 02 Oct 2019 | 9:44 AM IST

Hong Kong Exchange makes surprise $36.6 bn bid to buy London Stock Exchange

Both firms have been involved in exchange merger deals in recent years

Hong Kong Exchange makes surprise $36.6 bn bid to buy London Stock Exchange
Updated On : 12 Sep 2019 | 1:14 AM IST

Hong Kong airport suspends check-ins, advises passengers to leave terminals

The statement walked back a previous announcement that said all departing flights had been cancelled

Hong Kong airport suspends check-ins, advises passengers to leave terminals
Updated On : 13 Aug 2019 | 4:52 PM IST

Hong Kong steps in to defend peg for the first time since August

Lower interest rates relative to the greenback have made shorting the Hong Kong dollar a lucrative trade

Hong Kong steps in to defend peg for the first time since August
Updated On : 09 Mar 2019 | 11:01 PM IST

With or without kids, women aren't favoured by Hong Kong employers: Study

Under the Family Status Discrimination Ordinance passed in Hong Kong in 1997, it is unlawful to discriminate on the basis of family status

With or without kids, women aren't favoured by Hong Kong employers: Study
Updated On : 23 Aug 2018 | 8:41 PM IST