Hong Kong's economy is gaining fresh momentum, with exporters exhibiting their strongest confidence level in over a year and private sector activity showing the first signs of improvement in seven months amid global uncertainties, experts said.
They remain cautiously optimistic and are betting on further impetus from the city's deeper economic ties with other markets in the region.
On Thursday, the Hong Kong Trade Development Council revealed an uptick in confidence among exporters in the third quarter of 2025, with indicators of current performance and export expectations both reaching their highest marks since January last year.
The current index for business performance rose to 53.3 from 49.6 in the previous quarter, while the outlook index for the upcoming quarter leaped to 54.3 from 49, according to the HKTDC's Export Confidence Index survey report. Both indexes remain above the 50-point optimism threshold.
The survey also shows that about 36 percent of the respondents expect higher profit margins this year, while 28 percent anticipate steady margins of profit.
According to data released by the Hong Kong Special Administrative Region government's Census and Statistics Department, the SAR's exports recorded a year-on-year growth of 12.7 percent in terms of value in the first seven months of this year.
Business conditions in the city's private sector have also notably improved. The headline seasonally adjusted S&P Global Hong Kong SAR Purchasing Manager's Index rose to 50.7 in August — the highest since the beginning of the year.
Companies have increased their output for the first time in five months, particularly in the domestic market, according to S&P Global.
Usamah Bhatti, an economist at S&P Global Market Intelligence, said that with the total amount of new orders broadly stabilized, companies are feeling encouraged to raise employment levels for the first time in three months.
Jonathan Choi Koon-shum, chairman of Hong Kong's Chinese General Chamber of Commerce, said the improvement reflects new opportunities created through deeper regional cooperation.
"In recent years, local enterprises have been actively setting up production bases in regions such as Southeast Asia and the Middle East to drive industrial upgrading and transformation, while expanding into diversified areas including innovation and technology," he said.
Irina Fan Yuen-yee, director of research at HKTDC, reminded that the possibility of future tariff hikes and further supply chain risks within the already fragmented global trading arena remains very real.
The HKTDC's survey report said the improvement is "mainly on account of traders' front-loading activities" amid uncertainties over the trade policies of the United States, adding that the benefits may become moderate in the following months.
25省份出台预制菜发展标准 上下游行业等待“国标”出台 预制菜行业进入发展的快车道。 从2020年开始,预制菜概念逐渐走入大众视野,市场规模不断扩大。截至2022年,预制菜市场规模已突破4000亿元。到了2023年,政 春节档蝶变:从7亿到80亿,从影院冷清到票房飞驰 在刚刚结束的春节档,电影市场再度创造历史。据灯塔研究院最新发布的《龙腾虎跃,势如破竹――2024年春节档电影市场洞察报告》, 2024年春节档(2月10日-2月17日),全国电 外媒关注中国春节新变化:年味更浓、消费强劲、旅游更热 中新网2月18日电(魏晨曦)2024年春节是农历新年被确定为联合国假日的第一个春节,浓浓的年味,丰富的美食,消费的热潮……中国人把春节过出了新高度,中国经济的 “竞争”正日益成为华盛顿对华政策的高频热词。1月30日,美国总统国家安全事务助理沙利文在一次智库活动中,一方面坦承美国“几十年来为塑造或改变中国所作出的努力都没有取得成功”,另一方面呼 2月电影票房破100亿,传媒板块多股涨停,行业有望持续繁荣 2月23日,传媒板块盘中持续走强,截至发稿,宣亚国际20%涨停,赛因集团涨超19%,文投控股、天威视讯、中视传媒等多股涨停,川网传媒、百纳千成涨超8%。 消息上,据 贵州毕节:蓄势赋能谋发展 高质量推进新型工业化 中新网贵州毕节2月22日电 题:贵州毕节:蓄势赋能谋发展 高质量推进新型工业化 作者 高大涛 陈曦 中国龙年春节假期,贵州省毕节市黔西市新仁乡化屋村游人如织。 。本文链接:Hong Kong's economy demonstrates strong growth momentumhttp://www.sushuapos.com/show-5-67598-0.html
声明:本网站为非营利性网站,本网页内容由互联网博主自发贡献,不代表本站观点,本站不承担任何法律责任。天上不会到馅饼,请大家谨防诈骗!若有侵权等问题请及时与本网联系,我们将在第一时间删除处理。
上一篇: 台湾前舰长吕礼诗观礼九三阅兵:勇者无惧,在做中国人该做的事
下一篇: EconoScope | China's V-Day parade showcases unmanned, AI-powered military gear