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News from Hong Kong Economy
Stay current with all the latest and breaking news about Hong Kong Economy, compare headlines and perspectives between news sources on stories happening today. In total, 467 stories have been published about Hong Kong Economy which Ground News has aggregated in the past 3 months.
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Trade · Hong KongHong Kong's imports and exports continued to rise for 4 months. The Census and Statistics Department announced that the overall export value in June was $373.5 billion, up 10.7% year-on-year. The increase was lower than expected at 14.8% in May. The import value of commodities in June was 429.2 billion yuan, up 9% year-on-year, up from 9.6% in May, but increased by 4.1% compared to expectations; the tangible trade deficit during the period was 5…See the Story
Hong Kong's exports rose 10.7% in June, which is expected to challenge Hong Kong's foreign trade in anticipation of the US election
Stock Markets · Hong KongOn July 26, it was mostly cloudy, with a few showers, heavy wind and thunderstorms, and the weather was hot. The other night, the US announced that GDP for the next quarter was stronger than expected, slightly easing market concerns about poor corporate performance, and US stocks were reversed. The Dow rebounded after rising 584 points, surpassing 40,000 points, but most of the increase evaporated before closing. The market closed up only 81 poi…See the Story
There is still a lot of resistance to the steady rebound in Hong Kong stocks
Economy · Hong KongIn recent years, the world is looking for ways to revive the economy, and Hong Kong is also actively promoting economic development, attracting investment, and attracting top talents. As an international city with Chinese and Western cultures and a hub for global commerce, Hong Kong has a unique charm that attracts talents from all over the world. The 20th Third Plenary Session of the Central Committee held in Beijing earlier proposed that it is…See the Story
Self-formed Faction|Recruiting Talents to Take Root in Xiangjiang
Economy · Hong KongChina Banks Trim Deposit Rates to Bolster Record-Low Margins -The move follows a cut to Chinese benchmark lending rates earlier this month, part of an effort to boost the economy with cheaper creditSee the Story
China Banks Trim Deposit Rates to Bolster Record-Low Margins
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Economy · Hong KongCarson Kwok, Hong Kong financial adviser, predicts that the US Federal Reserve will start cutting interest rates in September this year, cutting interest rates twice throughout the year, for a total of 50 basis points. He pointed out that the US labor market is showing signs of cooling down, and the inflation rate has dropped to 2.6%, which is close to the Federal Reserve's 2% target. This may prompt the Federal Reserve to start cutting interest…See the Story