The Hong Kong government is set to release economic data on Nov. 15. Preliminary figures in October showed the Chinese-ruled city’s economy shrank by 3.2% in July-September from the preceding period, contracting for a second straight quarter and meeting the definition of a technical recession.
Hong Kong private home prices fell 1.8% in September from a month earlier, according to government data released on Oct. 31. This is the fourth month-on-month consecutive decline.
ReutersChina mak_robyn 'Resilient local demand?'.... Ha! 'Just a gully... just nerves.'
mak_robyn Reuters reporter is too busy to focus on financial insight, maybe not familiar w/ news focus point abt a rural residential area in Sheung Shui. Let me finish it, 'an elderly man killed by a brick that was thrown by his female teammate who stood behind him'