FILTER BY SECTIONS :
SORT BY :
RELEVANT
LATEST
OLDEST
SEARCH IN :
DATE FROM :
TO :
Hong Kong – 3Q GDP
16/11/2018 06:34 pm MYT
T +
T -

In 3Q 2018, Hong Kong’s real GDP grew by 2.9% on a year-on-year basis, a slower pace compared with the growth rate in 2Q 2018 – see figure 1. Both government consumption and private consumption reported a slower growth rate – see table 1.

The exports and imports of goods expanded 5.0% and 7.6% respectively from a year ago. Meanwhile, the exports of services recorded a year-on-year growth of 3.1%, lower than that of the preceding quarter (5.9%).

Looking ahead, Hong Kong is expected to continue benefitting from the economic performance in mainland China. Furthermore, the development of the Guangdong-Hong Kong-Macau Bay Area will provide various business opportunities that can contribute to economic development in Hong Kong. However, the US-China trade war and the US interest rate normalisation pose downside risks to the Hong Kong economy.

TOP
Note from Publisher
i Capital will pause its publication for one week in the week beginning 8 Apr. However, www.icapital.biz will be updated as usual. Apart from the public holidays, the operating hours of our Kuala Lumpur office will be as usual. Volume 35, number 32 of i Capital will henceforth be dated 18-24 Apr 2024.

Some people have accused i Capital and Tan Teng Boo of being pro-China and they are very uncomfortable with it. Well, according to a recent survey conducted by an independent think-tank in Singapore, for the first time since the survey was conducted, there are more people in ASEAN favouring China over the US – see this week’s write-up on Hong Kong for more. The shift in sentiment is not surprising given the US brazen hypocrisy, fondness of playing moral police, and forcing her views and values on others. In the past, small countries had to endure US bullying silently. Now, the rise of China has provided ASEAN and developing countries in general the courage to voice their dissatisfactions with the US. In the end, the truth always prevails.
Announcement

Capital Dynamics Sdn Bhd and Capital Dynamics Asset Management Sdn Bhd, being capital market intermediaries licensed by the Securities Commission of Malaysia, are operating as usual in accordance with the Standard Operating Procedures prescribed by the relevant authorities. We will continue to take precautionary measures to protect our employees, clients and other stakeholders. You may reach us at +603-2070 2104 or 2105 or 2106 or email us at cdsb@icapital.biz (investment advisory) or enquiries@cdam.biz (asset management) for any enquiries.

7 Opne announcement
Stock Selections
Corporate News