HK - Economic Data & News 04 (Jan 17 - Jul 20)

Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Fri Dec 20, 2019 5:48 pm

A 13-year-old Hong Kong protester shares his story
https://www.youtube.com/watch?v=r43rGz_keyc
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Sun Dec 22, 2019 6:22 pm

Hong Kong ‘Christmas shopping protesters’ confronted by police
https://www.youtube.com/watch?v=EN3VUs_ljZ4
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Tue Dec 31, 2019 12:20 pm

Hong Kong policeman works off-duty as protest medic
https://www.youtube.com/watch?v=3c3MeQA41E4
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby winston » Fri Jan 17, 2020 7:59 am

Famed investor keeps the faith

by Stella Zhai

Legendary investor Jim Rogers said some investors may no longer regard Hong Kong as the first choice in Asia for investment due to months of social unrest, though he has not seen a huge flight of capital from Hong Kong and the local economy is gradually rebounding.

Rogers said Hong Kong remains appealing as the market in Shanghai is not completely open.

However, Kyle Bass, the hedge fund manager who's been shorting Hong Kong's currency, said the SAR faces a banking crisis in 2020, mirroring the struggles of Iceland and Ireland a decade ago.

"It takes about a year for a full-fledged banking crisis to hit, and you'll see a full-fledged banking crisis in Hong Kong now," Bass, founder of Hayman Capital, said on Bloomberg TV.

HSBC (0005) expects Hong Kong's GDP to contract by 0.7 percent this year, compared to its previous forecast of a 1.5 percent growth, while Gary Wan, economist at Dah Sing Bank, estimates the local economy will drop 1.7 percent this year.

Hong Kong's retail sector continues to take a beating, with Luk Fook (0590) recording a 27 percent year-on-year decrease in the same-store sales growth of its Hong Kong and Macau market for the three months ended December 31.

In terms of the city's public finance, Ernst & Young estimates the government will record a fiscal deficit of HK$70 billion for the year 2019-2020, equivalent to 2.5 percent of Hong Kong's estimated GDP last year and the first budget deficit in 15 years.

The deficit would reduce fiscal reserves to HK$1.1 trillion by March 31, the firm said.

However, former chief secretary Henry Tang Ying-yen said the budget shortfall can be handled properly, but if Hong Kong's internal friction continues, Hong Kong's image will suffer.

As for trade, the volume of Hong Kong's total exports of goods decreased by 1.3 percent year-on-year in November last year.

Source: The Standard

https://www.thestandard.com.hk/section- ... -the-faith
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Sat Jan 25, 2020 6:36 pm

Hongkongers flocked to Wong Tai Sin Temple to usher in Year of the Rat
https://www.youtube.com/watch?v=v-bEBVHrBow
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Mon Jan 27, 2020 7:11 pm

China coronavirus: proposed Hong Kong quarantine building in Fanling gets fire-bombed
https://www.youtube.com/watch?v=0ZFMhJcruOc
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Tue Feb 04, 2020 11:54 am

Hong Kong to shut more border crossings with mainland China amid coronavirus outbreak
https://www.youtube.com/watch?v=Fa-Ay50PmRU
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Thu Feb 06, 2020 8:31 pm

Coronavirus: desperate scenes as 10,000 queue for masks in Hong Kong
https://m.youtube.com/watch?v=Ym6rxgYXJcs



Coronavirus crisis injects new life into Hong Kong ‘revolution’ with toxic results
https://m.youtube.com/watch?v=Wf5-wh2_w_4


Shelves cleared in some Hong Kong shops by panic buying related to coronavirus outbreak
https://m.youtube.com/watch?v=Tdcmcc22u4E
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Sat Feb 08, 2020 10:57 pm

Coronavirus: cross-border commuters rush back to Hong Kong before city imposes quarantine measures
https://m.youtube.com/watch?v=Pad6AZsa0zs
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Re: HK - Economic Data & News 04 (Jan 17 - Dec 20)

Postby behappyalways » Sun Feb 09, 2020 8:11 pm

繼口罩荒後 又現廁紙荒?巿民:人買我又買 - 20200208 - 香港新聞 - 有線新聞 CABLE News
https://www.youtube.com/watch?v=8ljzSVsR02c


東張西望 | 疫症壓境 市民盲搶廁紙 | 排隊 | 武漢肺炎
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【武漢肺炎】全港搶米油廁紙 便利店口罩免費派長者 政府有咩可以做?
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