Hong Kong Imports YoY
Hong Kong imports primarily machinery and transport equipment (which account for 66% of overall imports), miscellaneous manufactured products (which account for 14%), manufactured goods (9%), and food and animals (4%). China (47% of total imports), Taiwan (8%), and Singapore (7%) are the top three import partners. Japan, South Korea, and the United States are among the other trading partners of Hong Kong.
A higher than expected figure should be seen as positive (bullish) for the HKD while a lower than expected figure should be seen as negative (bearish) for the HKD.
News (HKD)
Hong Kong Private Sector Swings To Expansion - S&P Global
The private sector in Hong Kong moved into expansion in March, the latest survey from S&P Global revealed on Friday with a PMI score of 50.9.
RTTNews | 25 days ago
Hong Kong Private Sector Slumps In February - S&P Global
The private sector in Hong Kong continued to contract in February, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a PMI score of 49.7.
RTTNews | 56 days ago
Hong Kong Scraps Property Curbs; Lifts Tax On High Income Earners
Hong Kong Financial Secretary Paul Chan on Wednesday scrapped measures intended to cool the property market, and raised the tax on high income earners to plug the hole in the budget. In the Budget Speech, Chan estimated economic growth of 2.5- 3.5 percent in 2024 after posting an expansion of 3.2 percent in 2023.
RTTNews | 62 days ago
