Asia / Hong Kong

Hong Kong

Group Research / October 01, 2019

Photo Credit - AFP

Hong Kong
 20182019f2020f2021f
GDP growth, % YoY3.0-1.71.51.5
CPI inflation, % YoY2.42.72.52.5
 1Q202Q203Q204Q201Q21
Exchange rates, end of period7.847.847.837.837.82
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] = [35.172.195.82] [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] = [35.172.195.82, 23.46.239.79, 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 Morenotaligned45Fallout from ongoing civil unrest in Hong Kong weighs on local property sector, as growing vacancies drags office rentals in Central.Hong KongReal Estate/iwov-resources/aics/images/AICS/AIO/en/012020/200116_insights_thumb_hk_property.jpg/aics/templatedata/article/generic/data/en/GR/012020/200116_insights_hk_property.xmlHong Kong Property Sector: Decentralised offices defensive, suburban malls steadyJanuary 16, 2020The government has raised the cap on the value of the properties under the Mortgage Insurance Programme for first-home buyers.Hong KongReal Estate/iwov-resources/aics/images/AICS/AIO/en/112019/191121_insights_thumb_hong_kong_property_sector.jpg/aics/templatedata/article/generic/data/en/GR/112019/191121_insights_hong_kong_property_sector.xmlHong Kong Property : More project launch to help unlock valueNovember 21, 2019Hong 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 Economics InsightsInsightsEconomicsView AllRead Morenotaligned9The ongoing social movement and China-US trade war pushed Hong Kong to a technical recession in 3Q.Hong KongGrowth/iwov-resources/aics/images/AICS/AIO/en/112019/191120_insights_thumb_hong_kong.jpg/aics/templatedata/article/generic/data/en/GR/112019/191120_insights_hong_kong.xmlHong Kong Outlook 2020: Challenges GaloreNovember 20, 2019The 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, 2019Hong Kong Economics DailyEconomicsView AllRead Morenotaligned12We 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 Morenotaligned18As the risk appetite in the market continued to increase, we maintain our higher beta pick in Air China (753 HK).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 PicksJanuary 07, 2020Phase 1 trade deal a respite for Hong Kong market, which has underperformed most of its peers due to the impact of trade war and civil unrest.Hong KongEquities/iwov-resources/aics/images/AICS/AIO/en/122019/191216_strategy_thumb_market_strategy.jpg/aics/templatedata/article/generic/data/en/GR/122019/191216_strategy_market_strategy.xmlMarket Strategy: Risk On: Trade truce to bring temporary relief to marketsDecember 16, 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, 2019

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