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  1. News - Hong Kong - ECONOMY

    Hong Kong's GDP growth outlook revised down to 2.2pc

    Posted Oct 09th 2014, 04:02am by ELIZABETH CHEUNG

    ... of Hong Kong has downgraded its GDP growth forecast for the city from 3.4 per cent to 2.2 per cent for the year. It comes as consumer confidence continues to fall, with the latest index showing Hong Kong still lagging behind the mainland, Macau and Taiwan. In a report released yesterday, HKU researchers said the economy was expected to grow at a more modest rate due to the low ...

    http://www.scmp.com/news/hong-kong/article/1612304/hong-kongs-gdp-growth-outlook-revised-down-22pc
  2. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... The association maintains an optimistic forecast of 3 per cent sales growth for the full year. The Federation of Hong Kong Hotel Owners also noted the political factor, saying bookings this month had been ... visitors seek out. A government spokesman noted that the decrease was smaller, and said the retail environment might look more stable as the effects of a spending boom last year on the comparisons ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  3. Business - Economy - ECONOMY

    Hong Kong in lukewarm response to European Central Bank rate cut

    Posted Sep 06th 2014, 05:37am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com ECB's rate cut draws lukewarm response Hong Kong investors reacted nonchalantly yesterday to the European Central Bank's decision ... to a 13-month low against the Hong Kong dollar and looks likely to stay there given expectations for a US rate increase early next year. A cheaper currency will be popular with exporters to China ...

    http://www.scmp.com/business/economy/article/1586263/hong-kong-lukewarm-response-european-central-bank-rate-cut
  4. Property - International - ECONOMY

    Hong Kong investors to turn Cadbury's Birmingham HQ into flats

    Posted Oct 11th 2014, 03:18am by JING YANG

    ... brand of chocolates, among others, was said to have been invented. Now a consortium of Hong Kong and Macau investors is investing £16m (HK$199 million) to turn into an apartment complex. Hong Kong-based Headland Developments and Birmingham-based Court Collaboration have formed a joint venture representing the investors to convert the 74,000 sq ft Franklin House in Birmingham into 96 one- ...

    http://www.scmp.com/property/international/article/1614086/hong-kong-investors-turn-cadburys-birmingham-hq-flats
  5. News - Hong Kong - ECONOMY

    Hong Kong economy slows as stocks climb, property booms

    Posted Aug 15th 2014, 06:20pm by Amy Nip

    ... climb, property booms The Hong Kong government cut its growth target for the year yesterday after a disappointing second-quarter performance as stock and property market indicators reached new ... the "through train" plan to allow mainland people to trade directly in Hong Kong stocks starting in October has fuelled the market, the government has reminded investors of potential abrupt ...

    http://www.scmp.com/news/hong-kong/article/1574301/hong-kong-lowers-annual-growth-forecast-after-worst-quarter-2012
  6. Business - Economy - ECONOMY

    Hong Kong urged to bolster trade and logistics sector

    Posted Oct 03rd 2014, 10:56am by JING YANG

    ... trade and logistics industries Hong Kong has been urged to shore up the city's trade and logistics sector, with industry figures taking aim at issues including a lack of land ... cannot be properly channelled under the current [THB] structure with the largely Hong Kong livelihood-centric focus [in public housing and mass transportation]," the committee said ...

    http://www.scmp.com/business/economy/article/1608745/hong-kong-urged-bolster-trade-and-logistics-sector
  7. News - Hong Kong - ECONOMY

    Forecasts for Hong Kong growth downbeat

    Posted Aug 19th 2014, 04:18am by Arthur Chan

    ... Analysts are taking a less-optimistic view of Hong Kong's economic prospects in the second half of this year after the government lowered its forecasts. A disappointing second quarter, from ... said this range was too wide. "[Second-half] economic growth in Hong Kong will at most be 2 per cent, and the annual growth rate will be much lower than 3 per cent," he said. ...

    http://www.scmp.com/news/hong-kong/article/1576268/forecasts-hong-kong-growth-downbeat
  8. Business - Economy - ECONOMY

    South Africa enlists Bank of China to help pull in Chinese investment

    Posted Oct 21st 2014, 05:08am by Toh Han Shih

    ... to ensure diversification beyond commodities," said Sanni. South Africa hopes to see significant co-investment in the African state's infrastructure by Hong Kong and Chinese companies, and the South African government is talking to Hong Kong and Chinese companies on this matter, said Soldaat. In previous years, the South African government's investment in infrastructure had been ...

    http://www.scmp.com/business/economy/article/1620913/south-africa-enlists-bank-china-help-pull-chinese-investment
  9. Business - Economy - ECONOMY

    ADB sees China meeting 2014 GDP target but cuts view on Hong Kong

    Posted Sep 25th 2014, 03:06pm by Victoria Ruan

    ... HK growth rate downgraded as retail weakens The Asian Development Bank slashed the growth forecast for Hong Kong to 2.5 per cent this year from a previous forecast of 3.5 per cent, but expects the mainland will be able to meet this year's growth target, citing the government's ample policy tools. "Hong Kong's retail and tourism is a bit weaker than last year, ...

    http://www.scmp.com/business/economy/article/1600180/adb-sees-china-meeting-2014-gdp-target-cuts-view-hk
  10. News - Hong Kong - ECONOMY

    Hong Kong's economy does not rely on mainland tourists, says financial secretary

    Posted Jun 16th 2014, 04:53am by Ernest Kao

    ... that the number of mainland visitors needed to be cut by at least half. "There is an obvious problem and the financial chief is in denial. He is playing ostrich," Mo, of concern group Hong Kong ... is slightly exaggerated and inconsistent with the facts." He said arguing that the city was too reliant on the mainland economy "ignored the historical trajectory of Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1533469/mainland-chinese-visitor-claim-exaggerated-says-john-tsang

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