Special Report
- January 2023 - 2023 Global Economic Outlook (Chinese Only)
- October 2022 - Global Economic Outlook amid Rising Risk of Stagflation- October Version (Chinese Only)
- August 2022 - Hong Kong Property Market Outlook Under Rate Hike Pressure (Chinese Only)
- August 2022 - Global Economic Outlook amid Rising Risk of Stagflation
- July 2022 - 2H 2022 Economic and Market Outlook: The Road to Economic Recovery (Chinese Version only)
- April 2022 - Global Inflation
- February 2022 - Economic Overview for Mainland China & Hong Kong
- November 2021 - Climate Change – Economic Impacts and the Way Forward
- September 2021 - A German Lesson for China’s Manufacturing Sector
- August 2021 - Hong Kong’s Role In RMB Internationalization (Chinese Version only)
- August 2021 - Recent Emergence of Central Bank Digital Currencies
- June 2021 - The Rising Risk of Inflation
- May 2021 - Investment Preferences of Mainland and Hong Kong High-Net-Worth Individuals
- April 2021 - Vaccine Tracker
- March 2021 - China’s 2021 Government Work Report and 14th Five-Year Plan
Market Monitor
August 2023
- Chinese Mainland - A Steady Growth Momentum With Targeted Stimulus Ahead
- Hong Kong - Consumption and Inbound Tourism Remain the Growth Drivers
- Europe - Economy Steadily Held but Cost Pressures Persists
- United States - US Economy Remained Resilient in Q2 2023
- Asia - Modest Improvements in Q2 2023
July 2023
- Mainland China - A Steady Recovery with Enhanced Policy Support
- Hong Kong - A Robust Labour Market Drives a Persistent Recovery
- Europe - Increased Economic Pressures Likely to Constrain the Pace of Recovery
- United States - The Fed Signals a Higher Interest Rate is Needed
- Asia -Most Asian Central Banks Held Rates Steady
June 2023
- Mainland China - The Solid Recovery Momentum Remains Largely Intact
- Hong Kong - An expanding domestic sector leads to a sustained recovery
- Europe - Slowing Recovery Momentum
- United States - Mounting Uncertainties Surrounding the Fed’s Terminal Rate
- Asia -Inflation Trends Diverge
May 2023
- Mainland China - A Strong Q1 Brightens the Recovery Outlook
- Hong Kong - Hong Kong’s economy enters a new expansionary cycle
- Europe - A Mild but Uneven Recovery
- United States - Moderate Growth in Q1 2023 But Downside Risks Remain
- Asia -Initial Signs of Easing Inflationary Pressure
April 2023
- Mainland China - Economic momentum is gathering steam
- Hong Kong - Hong Kong economic momentum is set to accelerate
- Europe - Better-than-expected economic performance amid uncertainties
- United States - Risk of Financial Instability Rises Amid Continued Monetary Tightening
- Asia -Asian Economic Outlook Clouded by Global Financial Volatility
March 2023
- Mainland China - Festive Sentiment Expedited Reopening and Recovery
- Hong Kong - The 2023-24 Budget Delivers a Timely Stimulus to HK Economy
- Europe - Dark Winter Avoided
- United States - Inflation Pressure Eases Slower Than Expected
- Asia - Outlook of Asian Exports Clouded by Global Slowdown
February 2023
- Mainland China - Notable Recovery Expected After a Subdued Year
- Hong Kong - Navigating the Road from Recession to Recovery
- Europe - Subdued Economic Activity Takes Time for a Full Recovery
- United States - The Slowing Pace of Rate Hikes
- Asia - Slowing Global Environment Poses Downside Risks
January 2023
- Mainland China - Policy Optimization Will Drive a Steady Recovery
- Hong Kong - Expected Border Reopening Boosts an Accelerated Recovery
- Eurozone - 2023 European Economic Outlook remains Uncertain
- United States - Fed Scaled Back the Rate Hike Pace But Hawkish Stance Remains
- Asia - Improving Outlook but Downside Risks Remain
December 2022
- Mainland China - Greater Policy Effort to Stimulate Growth Momentum
- Hong Kong - Relaxing Anti-pandemic Measures, But Full Recovery Still Takes Time
- Eurozone - Persistent Headwinds Continues to Cloud Economic Outlook
- United States - Inflationary Pressure Eases Somewhat but Remains Elevated
- United Kingdom - Fiscal U-turn and Fresh Inflation Record
November 2022
- Mainland China - Another Step to Recovery
- Hong Kong - More time needed for a meaningful recovery
- Eurozone - Multiple Efforts to Counteract Headwinds
- United States - Rapid Tightening Continues amid High Inflation
- United Kingdom - Economy Shows Signs of Weakening amid Rising Inflation
October 2022
- Mainland China - Momentum Improves Slightly in August
- Hong Kong - First Prime Rate Hike in 4 Years
- Europe - Mounting Risks of Recession
- United States - Long Trajectory Ahead for Inflation
- Asia - Recovery amid Mounting Uncertainties
September 2022
- Mainland China - Modest Momentum Clouded by Covid-19 and Property Woes
- Hong Kong - Quarantine Cut for Arrivals but Infection Cases Surge
- United Kingdom - Inflation Accelerates and Consumer Sentiment Hits New Low
- United States - Inflation Eases Slightly in July
- Eurozone - Economic Momentum Set To Weaken
August 2022
- Mainland China - Growth Likely to Gain Momentum with Stronger Policy Support
- Hong Kong -Slower-than-expected Recovery in Q2
- United Kingdom - GDP Stabilises but Headline Inflation Edges Higher
- United States - US Economy Slips into Technical Recession in Q2 2022
- Eurozone - ECB Delivers First Rate Hike in 11 years
July 2022
- Mainland China - Emerging Signs of Recovery
- Hong Kong - Job Market Improves as Threat of Pandemic Abates
- United Kingdom - Mounting Uncertainties for UK Economic Outlook
- United States - Faster Pace of Tightening as Inflation Reaches 40-year High
- Eurozone - ECB Delivers Rate Hike Plan
- Asia ex-Japan - Regional Economies Are Generally Stable
- Japan - Yen Tumbles with Japan’s Divergent Monetary Policy
June 2022
- Mainland China - Covid-19 is Major Drag on Economic Activity
- Hong Kong - Jobs Market Continues to be Impacted by Covid Regulations
- United Kingdom - Inflation Hits 40-year High
- United States - Financial Market Volatility Ahead of Expected Monetary Tightening
- Eurozone - Specter of War Dims Economic Outlook
May 2022
- Mainland China - Infrastructure Investment Remains Important Amid Covid-19 Shock
- Hong Kong - Covid-19 Measures Continue To Be a Drag on Hong Kong Economy
- United Kingdom - Headwinds Mount Amid Persistent Inflationary Pressure
- United States - Solid Labour Market Allows For More Aggressive Tightening
- Eurozone - Ongoing Geopolitical Tensions Heighten Downside Risks
April 2022
- Mainland China - Supportive Policies Expected to Help Economy Weather Shocks
- Hong Kong - Surge in COVID Cases Weighs on the Economy
- United Kingdom - Higher Inflation Still Expected Amid Geopolitical Risk
- United States - Ukraine Conflict Raises Expectation of Higher Inflation
- Eurozone - Growing Pressure on Multiple Fronts Impedes Economic Recovery
- Asia ex-Japan - New Challenges Ahead Despite Easing Covid Restrictions
- Japan - Road to Recovery Still Clouded by Downside Risks
March 2022
- Mainland China - Weak Domestic Sentiment Adds to Recovery Worries
- Hong Kong - Hong Kong’s Biggest Outbreak
- United Kingdom - Intensified Expectation of Further Rate Hikes by the BoE
- United States -Markets Sees Volatility amid Rising Geopolitical Tensions
- Eurozone - Mixed Signals from Major Economic Indicators
February 2022
- Mainland China - Further Policy Support Needed to Counteract Downside Risks
- Hong Kong - Recovery Affected by New Covid-19 Outbreak
- United Kingdom - GDP Data Supports Continued Policy Normalisation by BoE
- United States - Inflation Prompts Monetary Tightening
- Eurozone - Inflation Remains a Major Concern
January 2022
- Mainland China - Economic Stability is Priority for 2022
- Hong Kong - Growth Momentum Continues Entering 2022
- United Kingdom - More Challenges Ahead on the Road to Recovery
- United States - Covid-19 Variants Threaten Outlook for 2022
- Eurozone - Uncertainty over Covid-19 Risk Will Delay Economic Normalisation
- Asia ex-Japan - Omicron Variant Rattles Economic Recovery
- Japan - Recovery Clouded by Downside Risks
