HKD Forex News

Hong Kong Private Sector Ebbs In November

Hong Kong Private Sector Ebbs In November

The private sector in Hong Kong continued to expand in November, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a PMI score of 51.2.
RTTNews | 21 days ago
Hong Kong Scraps Property Curbs; Lifts Tax On High Income Earners

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 | 301 days ago