Asia / Hong Kong

Hong Kong

Group Research / October 01, 2019

Photo Credit - AFP

Hong Kong
 20172018e2019f2020f
GDP growth, % YoY3.83.30.00.5
CPI inflation, % YoY1.52.52.72.5
 2Q193Q194Q191Q202Q20
Exchange rates, end of period7.817.847.857.847.84
Policy interest rates, end of period
/aics/search.page[Akamai-Origin-Hop] = [3] [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] = [3.233.217.242] [Akamai-Origin-Request] = [1] [Via] = [1.1 v1-akamaitech.net(ghost) (AkamaiGHost), 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] = [3.233.217.242, 23.220.148.143, 10.104.138.213, 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 Morenotaligned54Hong Kong hospitality sector takes a beating as civil unrests continues on with overall hotel RevPAR declining by more than 40% in August alone.Hong KongReal Estate/iwov-resources/aics/images/AICS/AIO/en/102019/191018_insights_thumb_hk_property_sector.jpg/aics/templatedata/article/generic/data/en/GR/102019/191018_insights_hk_property_sector.xmlHong Kong Property Sector: Fighting to surviveOctober 18, 2019Hong Kong government acts to make housing more accessible through a myriad of policies including mortgage easing, transitional housing and land resumption.Hong KongReal Estate/iwov-resources/aics/images/AICS/AIO/en/102019/191017_insights_thumb_hk_property_sector.jpg/aics/templatedata/article/generic/data/en/GR/102019/191017_insights_hk_property_sector.xmlHong Kong Property Sector: The party is still onOctober 17, 2019Social unrest in Hong Kong continues to weigh on its economy, with negative implications on retail, investment, property and banking sectors.Hong KongFinancials/iwov-resources/aics/images/AICS/AIO/en/102019/191008_insights_thumb_hk_banking_sector.jpg/aics/templatedata/article/generic/data/en/GR/102019/191008_insights_hk_banking_sector.xmlHong Kong Banking Sector: Pick the best risk-reward playsOctober 08, 2019Hong Kong Economics InsightsInsightsEconomicsView AllRead Morenotaligned9The government could remove some demand side management measures if warranted.Hong KongGrowth/iwov-resources/aics/images/AICS/AIO/en/092019/190902_insights_thumb_hong_kong.jpg/aics/templatedata/article/generic/data/en/GR/092019/190902_insights_hong_kong.xmlHong Kong: Brakes on the property boomSeptember 02, 2019Against 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, 2019Hong Kong Economics DailyEconomicsView AllRead Morenotaligned15We 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 Morenotaligned25October has proven to be an eventful month, with US-China trade talks, HK’s ongoing social unrest and China’s Fourth Plenary Session being the focus of the market.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 PicksNovember 07, 2019US-China trade war détente bodes well for equity markets as HSI rebounded 6.5% from recent lows, reflecting investors’ returning risk appetite.Hong KongEquities/iwov-resources/aics/images/AICS/AIO/en/112019/191106_strategy_thumb_hk_monthly.jpg/aics/templatedata/article/generic/data/en/GR/112019/191106_strategy_hk_monthly.xmlMonthly Market Pulse: Back on trackNovember 06, 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, 2019

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