UOB Global Economics has raised its forecast for Hong Kong’s economic growth to 2.9%, up from 2.5%. The adjustment aligns closely with the mid-point of the official forecast range of 2.5% – 3.5%. The heightened projection reflects growing confidence in…
The 8th International Conference of the Hong Kong ICAC opened in Hong Kong on the 22nd. More than 500 representatives from nearly 60 jurisdictions and about 180 anti-corruption and law enforcement agencies will discuss current challenges and countermeasures in the…
Hong Kong SAR Government Financial Secretary Paul Chan said on the 19th that Hong Kong’s macroeconomic situation is improving and its fiscal situation is stable, which has been recognized by international rating agencies. In recent months, a lot of funds…
The Legislative Council of the Hong Kong Special Administrative Region passed the draft bill of the Appropriation Bill for the fiscal budget for the fiscal year 2024/2025 in the third reading on the 8th. The Financial Secretary of the SAR…
Data released by the U.S. Department of Commerce on the 15th local time showed that U.S. retail sales increased by 0.7% month-on-month in March, higher than consensus market expectations. Data show that driven by the growth in sales of online…
Use smart machines and systems to sort goods, conduct multi-language real-time transcription, and detect environmental quality… At the second Hong Kong International Innovation and Technology Exhibition, which opened at the Hong Kong Convention and Exhibition Center on the 13th, innovative…
The Hong Kong SAR Government’s Investment Promotion Department stated on the 9th that the “New Capital Investor Entry Scheme” (new scheme) has received an overwhelming response since its launch on March 1. It has received double-digit applications and more than…
Standard Chartered Greater China Senior Economist Liu Jianheng expects that the United States will begin to cut interest rates in June. The bank maintains its forecast that the United States will cut interest rates four times this year. There is…
The U.S. Federal Reserve maintained its expectation of three interest rate cuts this year. Hong Kong stocks performed well on the expectation of interest rate cuts. The Hang Seng Index’s gain once expanded to more than 400 points, and interest…
Traders in interest-rate swaps pushed bets on the timing of the full first, quarter-point rate cut from the Fed to the central bank’s July meeting. Yields rose on the day on most maturities, leaving both two- and 10-year rates more…
