Asia / Hong Kong

Hong Kong

Group Research / February 01, 2020

Photo Credit - AFP

Hong Kong
 20182019f2020f2021f
GDP growth, % YoY3.0-1.7-2.01.5
CPI inflation, % YoY2.42.72.52.5
 1Q202Q203Q204Q201Q21
Exchange rates, end of period7.757.807.787.777.76
Policy interest rates, end of period

Hong Kong Industry Insights

Hong Kong / Real Estate
Hong Kong Property: Value Emerging

Hong Kong Property: Value Emerging

March 23, 2020

Hong Kong property plays have been heavily sold down, prompting property developers and REITs to continue their share buyback. It has also seen some ...

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Hong Kong / Real Estate
Hong Kong Property: Seize this window of opportunity

Hong Kong Property: Seize this window of opportunity

March 16, 2020

Wheelock & Co sold 90% of the units on offer at its Ocean Marini project over the weekend. We believe this could spur other developers to launch more...

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Hong Kong / Real Estate
Hong Kong Retail Property Sector: Double whammy

Hong Kong Retail Property Sector: Double whammy

February 10, 2020

Share price performance for retail property plays in Hong Kong set to dampen with extension of Coronavirus outbreak.

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Hong Kong Economics Insights

Hong Kong / GDP
Understanding Hong Kong: In search of a policy antibiotic

Understanding Hong Kong: In search of a policy antibiotic

March 24, 2020

The virus outbreak tempers cash flow, followed by destruction of wealth due to sharp fall of riskier assets.

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Hong Kong / Growth, Rates
Hong Kong: A second year of recession

Hong Kong: A second year of recession

February 05, 2020

The outbreak of the Wuhan Coronavirus (2019-nCoV) will likely extend Hong Kong’s technical recession into 1Q20, making it the longest since 2001.

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Hong Kong / Growth
Hong Kong Outlook 2020: Challenges Galore

Hong Kong Outlook 2020: Challenges Galore

November 20, 2019

The ongoing social movement and China-US trade war pushed Hong Kong to a technical recession in 3Q.

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Hong Kong Economics Daily

Hong Kong / Growth
Chart of the Week: Hong Kong’s retail sales and tourism downturn

Chart of the Week: Hong Kong’s retail sales and tourism downturn

August 19, 2019

We are concerned that weakening of retail sales momentum could eventually feed through to commercial rental and the broader economy.

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Hong Kong / Economics
Hong Kong chart book - Gradual improvement in the making

Hong Kong chart book - Gradual improvement in the making

May 06, 2019

The real GDP grew by 0.5% YoY in 1Q19, the slowest growth since 3Q09. Yet, it should improve alongside gradual stabilization of the mainland economy.

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Hong Kong / GDP
Hong Kong: Looking beyond the typhoon

Hong Kong: Looking beyond the typhoon

November 20, 2018

The Hong Kong economy has been hit by a super typhoon and Sino-US trade tensions.

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Hong Kong Equities

Hong Kong / Strategy
Hong Kong Monthly Market Pulse: Dividend sustainability under spotlight

Hong Kong Monthly Market Pulse: Dividend sustainability under spotlight

April 03, 2020

HSBC grabbed headlines following its decision to cancel its dividend payout. We assess which companies will be able to sustain their high yields.

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Hong Kong / Equities
Hong Kong Market Strategy: Is now the time to enter?

Hong Kong Market Strategy: Is now the time to enter?

March 25, 2020

The Hang Seng Index has rebounded off recent lows but we believe the market has yet to find a true bottom.

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Hong Kong / Equity Picks
Hong Kong Equity Picks

Hong Kong Equity Picks

March 09, 2020

Our generally positive view on the markets has not changed with recent events.

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The information herein is published by DBS Bank Ltd and PT Bank DBS Indonesia (collectively, the “DBS Group”). It is based on information obtained from sources believed to be reliable, but the Group does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation & the particular needs of any specific addressee. The information herein is published for the information of addressees only & is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate legal or financial advice. The Group, or any of its related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if the Group or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. The Group & its associates, their directors, officers and/or employees may have positions or other interests in, & may effect transactions in securities mentioned herein & may also perform or seek to perform broking, investment banking & other banking or finan­cial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Sources for all charts & tables are CEIC & Bloomberg unless otherwise specified.

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