EUR 430.00 For Business Accounts Only

Hong Kong PESTLE Insights – A Macroeconomic Outlook Report

Hong Kong PESTLE Insights – A Macroeconomic Outlook Report

Summary

Financial intermediation, real estate and business activities contributed 30.9% to the country’s gross value added (GVA) in 2020, followed by wholesale, retail and hotels (25.3%) and transport, storage and communication (9.2%). The sectors are expected to grow by 5.72%, 8.1%, 2.13%, respectively, in 2021, according to MarketLine.

The major regions of Hong Kong are Hong Kong Island and Kowloon, where most of the economic activity and population is concentrated.

Overall, the HSI index has exhibited an increasing trend since October 2020. As of July 5, 2021, the HSI index stood at 28,181.72, compared to 25,373.12 on July 5, 2020. However, as of July 26, 2021, China’s crackdown in tech sector had led to a loss of US$551bn in market value since February 2021.

Scope

- Hong Kong’s government is expected to invest HK$1tn (US$127.6bn) over 2019–2028 to boost the city’s competitiveness.

Reasons to Buy

- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.