Asia / Hong Kong

Hong Kong

Group Research / February 01, 2020

Photo Credit - AFP

Hong Kong
 20182019f2020f2021f
GDP growth, % YoY3.0-1.2-4.01.5
CPI inflation, % YoY2.42.72.52.5
 2Q203Q204Q201Q212Q21
Exchange rates, end of period7.757.757.767.767.77
Policy interest rates, end of period

Hong Kong Industry Insights

Hong Kong / Real Estate
Solid residential demand in Hong Kong

Solid residential demand in Hong Kong

July 09, 2020

With solid demand from first-time buyers and a favourable interest rate environment, the outlook of the residential market could be more positive tha...

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Hong Kong / Real Estate
Assessing financial risks of HK property plays

Assessing financial risks of HK property plays

June 26, 2020

Valuations of investment properties are expected to decline due to falling rents and expectations of higher cap rates. However, we believe financial ...

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Hong Kong / Real Estate
Growing office vacancy to drag reversionary growth

Growing office vacancy to drag reversionary growth

May 26, 2020

In the long term, we believe the accelerated digitalisation prompted by the COVID-19 pandemic may moderate headcount growth and therefore, office spa...

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Hong Kong Economics Insights

Hong Kong / Rates, GDP
Hong Kong Chartbook: Explaining the resilience of property price

Hong Kong Chartbook: Explaining the resilience of property price

May 26, 2020

Property price movement will diverge over the long run.

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Hong Kong / GDP
Hong Kong: An unprecedented growth shock

Hong Kong: An unprecedented growth shock

May 05, 2020

Real GDP has plunged by 8.9% YoY and 5.3% QoQ in 1Q20, its deepest on record.

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Hong Kong / GDP
Hong Kong Chartbook: A deeper recession comparing to SARS

Hong Kong Chartbook: A deeper recession comparing to SARS

April 09, 2020

Thanks to the SARS experience, Hong Kong’s COVID-19 infections and death rate are much lower than SARS. Yet, the impact of COVID-19 on the economy is...

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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 / Equities
Surging past uncertainties

Surging past uncertainties

July 10, 2020

Despite the uncertainties, Hong Kong’s stock market continues to outperform. Given the strong gains, we think it is ripe for a pullback. Find out wha...

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Hong Kong / Equity Picks
Hong Kong Equity Picks

Hong Kong Equity Picks

June 09, 2020

Global risk appetite improves

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Hong Kong / Equities
Navigating a raging storm

Navigating a raging storm

June 05, 2020

We expect China-US tensions, which is set to rise ahead of the US presidential election, will add to the volatility in the Hong Kong market in the mo...

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Disclaimers and Important Notices

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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