With Hong Kong chief John Lee set to ship his annual coverage deal with on September 17, the Put up examines key matters the chief govt is anticipated to deal with, together with a mega infrastructure challenge close to the border, new financial drivers and livelihood points.
Jacky Ko Chung-kit, who owns two media firms in Hong Kong, has not seen his enterprise thrive although the economic system has been increasing up to now few quarters.
In response to the 46-year-old entrepreneur, promoting is seen as an financial bellwether, and corporations have requested for fewer quotations for commercials and occasions this yr than in earlier years.
“So we shouldn’t have a lot enterprise and we dare not rent individuals, to manage prices,” he stated.
The stoop in Ko’s enterprise doesn’t match official information that Hong Kong’s gross home product (GDP) grew yr on yr over 10 quarters in a row, whereas town’s inventory trade has additionally returned to the world’s prime since 2019 when it comes to IPO fundraising within the first half of 2025.
The sturdy efficiency within the monetary sector stands in distinction to the rising jobless charge and the sluggish restoration of retail gross sales amid the seemingly unstoppable development of spending on the mainland. Observers additionally stated town’s IT trade would wish time to take off given the uncertainties posed by geopolitics.
