Country / Hong Kong

Hong Kong

Group Research / April 01, 2019

Photo Credit - AFP

Hong Kong
 201620172018e2019f2020f
GDP growth, % YoY2.03.83.30.00.5
CPI inflation, % YoY2.41.52.52.72.5
 2Q193Q194Q191Q202Q20
Exchange rates, end of period7.817.857.847.837.82
Policy interest rates, end of period……………
/aics/search.page[Akamai-Origin-Hop] = [2] [Accept] = [text/html,application/xhtml+xml,application/xml;q=0.9,*/*;q=0.8] [User-Agent] = [CCBot/2.0 (https://commoncrawl.org/faq/)] [Connection] = [close] [X-Forwarded-Host] = [www.dbs.com] [Host] = [runtime-prod-01-pwebdsgsmc.sgp.dbs.com:8343] [Accept-Encoding] = [gzip] [True-Client-IP] = [3.226.251.205] [Akamai-Origin-Request] = [1] [Via] = [1.1 v1-akamaitech.net(ghost) (AkamaiGHost), 1.1 akamai.net(ghost) (AkamaiGHost)] [X-Akamai-CONFIG-LOG-DETAIL] = [true] [Cache-Control] = [max-age=21600] [X-Forwarded-For] = [3.226.251.205, 184.25.96.220, 10.89.109.73] [Accept-Language] = [en-US,en;q=0.5] [X-Forwarded-Server] = [dbsweb-p00-grp.corp.dbs.com] templatedata/article/region/data/en/AIO/012016/19012016_hongkong.xml.xmlaics/regionHong KongHong Kong Industry InsightsInsightsIndustryView AllRead Morenotaligned57Continuation of protests in Hong Kong could lead to overall reversionary growth for retailers as consumers limit outings for fear of traffic and disruptions.Hong KongConsumer/iwov-resources/aics/images/AICS/AIO/en/072019/190730_insights_thumb_hong_kong_market_update.jpg/aics/templatedata/article/generic/data/en/GR/072019/190730_insights_hong_kong_market_update.xmlMarket Update: Rising unrest to weigh on complacent marketJuly 30, 2019Telecom operators unlikely to up-bid spectrum prices given consistent urging for lower spectrum costs for the last 1-2 years with regulators.Hong KongTelecom/iwov-resources/aics/images/AICS/AIO/en/072019/190726_insights_thumb_hong_kong_telecom.jpg/aics/templatedata/article/generic/data/en/GR/072019/190726_insights_hong_kong_telecom.xmlHong Kong Telecom Sector: Lower-than-expected reserve prices for 5G spectrum auctionsJuly 26, 2019Conversion of agricultural land as a source of private residential supply increasingly crucial as Hong Kong grapples with land shortage.Hong KongReal Estate/iwov-resources/aics/images/AICS/AIO/en/072019/190717_insights_thumb_hong_kong_property.jpg/aics/templatedata/article/generic/data/en/GR/072019/190717_insights_hong_kong_property.xmlHong Kong Property Sector: “Trading” opportunity as US-China talkJuly 17, 2019Hong Kong Economics InsightsInsightsEconomicsView AllRead Morenotaligned8Against a weaker growth outlook, stagflation risks may emerge in 2H19.Hong KongGrowth, Rates/iwov-resources/aics/images/AICS/AIO/en/082019/190802_insights_thumb_hong_kong_focus.jpg/aics/templatedata/article/generic/data/en/GR/082019/190802_insights_hong_kong_focus.xmlHong Kong Focus: Growth downgradedAugust 02, 2019Asset markets remained resilient despite deteriorating fundaments.Hong KongGrowth/iwov-resources/aics/images/AICS/AIO/en/072019/190718_insights_thumb_Hong_Kong_chartbook_Asset_prices_resilient_to_economic_slowdown.jpg/aics/templatedata/article/generic/data/en/GR/072019/190718_insights_Hong_Kong_chartbook_Asset_prices_resilient_to_economic_slowdown.xmlHong Kong chartbook: Asset prices resilient to economic slowdownJuly 19, 2019When will low aggregate balances bite?Hong KongRates/iwov-resources/aics/images/AICS/AIO/en/042019/190410_insights_thumb_low_aggregate_balances_to_gently_lift_hibors.jpg/aics/templatedata/article/generic/data/en/GR/042019/190410_insights_low_aggregate_balances_to_gently_lift_hibors.xmlLow aggregate balances to gently lift HiborApril 10, 2019Hong Kong Economics DailyEconomicsView AllRead Morenotaligned16We are concerned that weakening of retail sales momentum could eventually feed through to commercial rental and the broader economy.Hong KongGrowth/iwov-resources/aics/images/AICS/AIO/en/082019/190819_economics_thumb_chart_of_the_week.jpg/aics/templatedata/article/generic/data/en/GR/082019/190819_economics_chart_of_the_week.xmlChart of the Week: Hong Kong’s retail sales and tourism downturnAugust 19, 2019The 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.Hong KongEconomics/iwov-resources/aics/images/AICS/AIO/en/052019/190506_economics_thumb_hong_kong_chart_book.jpg/aics/templatedata/article/generic/data/en/GR/052019/190506_economics_hong_kong_chart_book.xmlHong Kong chart book - Gradual improvement in the makingMay 06, 2019The Hong Kong economy has been hit by a super typhoon and Sino-US trade tensions.Hong KongGDP/iwov-resources/aics/images/AICS/AIO/en/112018/181120_economics_thumb_HK_looking_beyond_the_typhoon.jpg/aics/templatedata/article/generic/data/en/GR/112018/181120_economics_HK_looking_beyond_the_typhoon.xmlHong Kong: Looking beyond the typhoonNovember 20, 2018Hong Kong EquitiesInsightsEquitiesView AllRead Morenotaligned29Despite the improved market sentiment from the trade war truce, we believe such reprieve could be fragile, as fundamental issues between China and the US remain unresolved.Hong KongEquities/iwov-resources/aics/images/AICS/ModelPortfolioImages/hk_mp_thumb.jpg/aics/templatedata/article/generic/data/en/GR/000000/000000_insights_hongkong_model_portfolio.xmlHong Kong Equity PicksJuly 10, 2019Momentum in trade war negotiations and accommodative regulatory policies helped lift Chinese markets. Our top BUYs are quality blue-chip names and top picks in secular growth sectors.Hong KongEquities/iwov-resources/aics/images/AICS/AIO/en/052019/190503_insights_thumb_strategy_hong_kong_monthly_market_pulse.jpg/aics/templatedata/article/generic/data/en/GR/052019/190503_insights_strategy_hong_kong_monthly_market_pulse.xmlMonthly Market Pulse: Gathering strengthMay 03, 2019Our macro team expects CNY to fall to 6.90 by the year’s end, implying 1% further downside. We also expect HSI to be under further pressure due to escalating trade tensions and weakening CNY.Hong KongEquities/iwov-resources/aics/images/AICS/AIO/en/082018/180803_insights_thumb_CNY_the_culprit_behind_selloff.jpg/aics/templatedata/article/generic/data/en/GR/082018/180803_insights_CNY_the_culprit_behind_selloff.xmlGood Cat Weekly: CNY the culprit behind the sell-offAugust 03, 2018

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