0823 GMT - Hong Kong's consumption is likely to remain steady, according to HSBC in a research note. "We also expect there to be improvement in services consumption demand, helped by improved tourism flow," the bank says. A push for mega-events, including cultural, sports and entertainment activities may also provide support to domestic consumption, it adds. Hong Kong will host world championships for the Hyrox fitness competition and other events, HSBC points out.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments