Stock Market in Hong Kong

Hong Kong Stock Market | Economic News & Forecasts

Hong Kong - Stock Market

The economy seems to have remained downbeat in the second quarter, despite strengthening from Q1’s near one-decade low growth reading. The private sector PMI edged up from May’s near three-year low in June but remained in contraction, while retail sales contracted for the fourth month running in May. Meanwhile, though U.S.-China trade negotiations restarted on 29 June, the dispute could still escalate and looks set to drag on the economy at least until year-end. On the political front, recent large-scale protests against a proposed bill allowing extradition to China morphed into a broader pro-democracy uprising despite the bill being declared “dead” by Chief Executive Carrie Lam. Beijing has reportedly refused Lam’s resignation, making her a likely lame duck for the remainder of her tenure. The uncertainty and unrest are poised to hurt business and consumer sentiment.

Hong Kong - Stock Market Data

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Stock Market (annual variation in %)-     -     -     -     -     

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Hong Kong Facts

ValueChangeDate
Bond Yield1.633.38 %Jul 11
Exchange Rate7.82-0.11 %Jul 11
Stock Market28,432-1.92 %Jul 11

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