Hong Kong's economy is gaining fresh momentum, with exporters exhibiting their strongest confidence level in over a year and private sector activity showing the first signs of improvement in seven months amid global uncertainties, experts said.
They remain cautiously optimistic and are betting on further impetus from the city's deeper economic ties with other markets in the region.
On Thursday, the Hong Kong Trade Development Council revealed an uptick in confidence among exporters in the third quarter of 2025, with indicators of current performance and export expectations both reaching their highest marks since January last year.
The current index for business performance rose to 53.3 from 49.6 in the previous quarter, while the outlook index for the upcoming quarter leaped to 54.3 from 49, according to the HKTDC's Export Confidence Index survey report. Both indexes remain above the 50-point optimism threshold.
The survey also shows that about 36 percent of the respondents expect higher profit margins this year, while 28 percent anticipate steady margins of profit.
According to data released by the Hong Kong Special Administrative Region government's Census and Statistics Department, the SAR's exports recorded a year-on-year growth of 12.7 percent in terms of value in the first seven months of this year.
Business conditions in the city's private sector have also notably improved. The headline seasonally adjusted S&P Global Hong Kong SAR Purchasing Manager's Index rose to 50.7 in August — the highest since the beginning of the year.
Companies have increased their output for the first time in five months, particularly in the domestic market, according to S&P Global.
Usamah Bhatti, an economist at S&P Global Market Intelligence, said that with the total amount of new orders broadly stabilized, companies are feeling encouraged to raise employment levels for the first time in three months.
Jonathan Choi Koon-shum, chairman of Hong Kong's Chinese General Chamber of Commerce, said the improvement reflects new opportunities created through deeper regional cooperation.
"In recent years, local enterprises have been actively setting up production bases in regions such as Southeast Asia and the Middle East to drive industrial upgrading and transformation, while expanding into diversified areas including innovation and technology," he said.
Irina Fan Yuen-yee, director of research at HKTDC, reminded that the possibility of future tariff hikes and further supply chain risks within the already fragmented global trading arena remains very real.
The HKTDC's survey report said the improvement is "mainly on account of traders' front-loading activities" amid uncertainties over the trade policies of the United States, adding that the benefits may become moderate in the following months.
中新经纬1月11日电 11日，“中国充电联盟”微信号发布2023年全国电动汽车充换电基础设施运行情况。 公共充电基础设施运行情况 2023年12月比11月公共充电桩增加10.0万台，12月同比增长51.7%。截至2023年12月，联 (经济观察)花式玩法点亮中国春节旅游市场 中新社北京2月18日电 题：花式玩法点亮中国春节旅游市场 中新社记者 刘文文 餐厅爆满、景区门票售罄、热门酒店“一房难求”……春节假期，中国旅游市场一片红火。 最长春节假期收官：多地接待游客远超往年，“南北互换”流动趋势明显 澎湃新闻记者 唐莹莹 2月17日正月初八，为期8天的史上最长春节假期正式收官。 根据全国各地文旅部门、热门景区以及多家在线旅游平台的数 八部影片半数撤档 春节档为何出现罕见“撤档潮” 据猫眼专业版数据，截至昨日17时，2024春节档总票房破80亿，总人次1.62亿，总场次383.6万，全面刷新中国影史春节档纪录。然而，几家欢乐几家愁，今年春节档冷热不均，出现了罕 春节前后是定亲结婚的高峰期，今年春节前夕，最高人民法院发布的“彩礼新规”正式施行。近日，多地适用新规对彩礼官司作出判决或调解。“彩礼新规”正式施行2月1日，最高法发布的《关于审理涉彩礼纠纷案件适 新华社记者周楠、余春生、谢奔“路上快要结冰了，开车要注意安全。”2月21日中午，在省道S306茶垭段，寒风瑟瑟，湖南省桑植县竹叶坪乡政府工作人员李雅敏正和同事对过往车辆进行警示提醒。气象部门分析，受强 。本文链接：Hong Kong's economy demonstrates strong growth momentumhttp://www.sushuapos.com/show-5-67598-0.html
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