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HK Market Minute

Hong Kong Leader Affirms US Dollar Peg Amid Geopolitical Tensions

By Agencies In a recent interview, Hong Kong's leader confirmed that the city will continue to maintain its currency peg to the U.S. dollar, despite rising geopolitical tensions and some calls to switch to a peg with the Chinese yuan. The Hong Kong dollar has seen...

June 9, 2025

HK Market Minute

CATL Shares Soar Over 18% in HK Debut Following Record IPO

Staff Reporter Shares of Contemporary Amperex Technology Co., Ltd. (CATL), the world's largest battery manufacturer, jumped over 16% in their trading debut in Hong Kong on Tuesday. Investors are optimistic about the company’s potential to capitalize on the expanding electric vehicle (EV) market. The shares closed at...

May 20, 2025

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HK Market Minute

Over 830 Individuals File for Bankruptcy in November

In November, the landscape of HK bankruptcy applications revealed a slight decline, with officials...

December 23, 2024

HK Market Minute

HK Unemployment Rate Steady at 3.1% for September-November

Staff Reporter Hong Kong's seasonally adjusted unemployment rate remained stable at 3.1% for the September...

December 18, 2024

HK Market Minute

Hong Kong Grade A Office Rents Could Fall 5-10% in 2025 Due to Sluggish Demand

Hong Kong's Grade A office rents are expected to decrease by 5-10% in 2025,...

December 14, 2024

HK Market Minute

HK Exports Expected to Rise 4% in 2025

Hong Kong's exports are set to grow by 4% in 2025, building on a...

December 13, 2024

HK Market Minute

Survey: One in Six Hongkongers Considering Home Purchase in Next Five Years

A recent survey by HSBC reveals that one in six residents of Hong Kong...

December 8, 2024

HK Market Minute

HK Mortgage Loans Rise 9.5% to $19 Billion in October

The value of residential mortgage loans approved in Hong Kong reached $19 billion in...

December 2, 2024

HK Market Minute

HK Reports $163.7 Billion Deficit in First Seven Months of 2024

Hong Kong’s government announced a deficit of $163.7 billion for the first seven months...

December 2, 2024

HK Market Minute

Mortgage Loans Increase by 9.5%

In October, the residential mortgage loan market experienced a notable surge, with the total...

December 1, 2024

HK Market Minute

Morgan Stanley Projects 2025 Outlook for China Stock Market

Morgan Stanley analysts foresee a turbulent year for China's equity markets in 2025, citing...

December 1, 2024

HK Market Minute

HK Retail Sales Decline 2.9% Year-Over-Year in October

Hong Kong's retail sales fell by 2.9% year-over-year in October, according to government data...

December 1, 2024

HK Market Minute

Crypto Update: Bitcoin Soars to New All-Time Highs!

Bitcoin’s Global Surge: A Day of Milestones in Cryptocurrency In a remarkable turn of events,...

November 29, 2024

HK Market Minute

Ocean Park Reports Deficit Despite Increase in Visitors and Revenue

Hong Kong's Ocean Park has recently reported a financial deficit of over HK$71 million...

November 28, 2024

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