Analysis of Key Sectors of Hong Kong: Business Tourism, Financial Services, Logistics, Trade and Retail (2017 - 2022)

Hong Kong, with a GDP worth US$274 billion, once an exploited British colony, is today one of the most prosperous countries in the world. Its market is considered one of the freest in the world. Today, it is the 3rd largest recipient of FDI in the world, has one of the best financial market ecosystem in the world, and benefits from the trade going in and out of China through its ports.

It is the 3rd best place in the world to do business with interest rates as low as 0.50%. Indeed, its financial markets are one of the world?s best. Low taxes (and ways to legally decrease the amount payable), ease of making offshore accounts, and a strong currency has made this extension of China, its wealthiest. Jobless rate has stayed constant at 3.3% for a long time. Hong Kong attracts many skilled and unskilled labour. The skilled labour-force is on the rise given competitive secondary and tertiary education. Flexible wages for labour make starting a business even easier.

According to the World Economic Forum, Hong Kong?s ground infrastructure and ports are the best in the world. On the travel and tourism competitiveness of the world, Hong Kong ranks 17th. About 93% of Hong Kong?s economy is upheld by services, with retail & wholesale, public administration, financial services, and real estate holding the largest positions in services. Construction accounts for 3.5% of the GDP.

Hong Kong is a mature economy heavily reliant on trade and services, with about 7 million people living on a landmass spanning no more than 1,104 sq. kilometers. Currently at 2.20%, the GDP YoY growth has not been able to move past 5%. Recent deceleration in exports, the economy slowdown in China, and hike in US interest, all work to weaken the growth in Hong Kong?s economy. The recent Umbrella Movement, where a number of next-gen Chinese citizens ? students with previously no political biases resulted in a forced closure of protests, and no policy movement to increase the democratization of election of Hong Kong?s Chief Executive. Many policymakers are insistent that it is imperative for Hong Kong to break away from the shadow of China to steady and increase its economic growth.

However, despite these measures, some sectors in Hong Kong exhibit reliable growth for the foreseen future.

Drivers

FDI powers the economy, with a strong labour force ensuring an efficient dispensing of all sectors. Hong Kong with its port handles a large amount of the export and import for China, and has excellent logistics to boast of.

Constraints

The Chinese slowdown leaves the largely open Hong Kong market vulnerable to downward shifts. Furthermore, the high reliance on trade and its open markets have led to fluctuations in GDP. Currently, Hong Kong faces record high trade deficit in response to increase imports and insufficient demand from its primary market: Asia. The open stock market responds to a number of fluctuations, and this has an effect on the real estate of the country.

What this Report Offers

This report will contain micro & macro factors that affect Hong Kong?s market on both Global and Regional scale. It will provide insights pertaining to specified topics and key drivers & restraints for the market particular to each mentioned sector and sub-sector. The report will identify factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

It also contains competition analysis on global & regional scale providing region specific assessments. Competitive landscape will contain profiles of multiple companies along with their strategic initiatives and market shares. Finally, it offers a comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

1. Introduction

1.1 Report Description

1.2 Research methodology

1.3 Definition of the Market

1.4 Areas covered

2. Executive Summary

3. Key Findings of the Study

4. Market Overview

5. Introduction

6. Economic Indicators

6.1 GDP

6.2 GDP Growth

6.3 Inflation rate

6.4 Interest Rate

6.5 Unemployment Rate

6.6 Fiscal Deficit

6.7 Current Account Deficit

7. Market Segmentation

8. Investment Opportunities

9. Market Dynamics

10. Banking and Finance

10.1 Drivers

10.1.1 Skilled Labours

10.1.2 Increasing Banking Needs

10.1.3 Robust Economic Growth

10.1.4 FII and FDI Investments

10.1.5 Growing Secondary Market

10.2 Restraints

10.2.1 Low Interest Rates

10.2.2 High Non Performing Assets

10.2.3 Closed Stock Market for Foreigners

10.3 Opportunities

10.3.1 Broker in Stock Exchange

10.3.2 Demat Services

10.3.3 Merchant Banking/Investment Banker

11. Trade and Logistics Market

11.1 Drivers

11.1.1 Increasing Demand

11.1.2 Chinese Dependency on Hong Kong

11.1.3 Rising Transportation Needs

11.2 Restraints

11.2.1 High Fuel prices

11.2.2 High Transportation Costs

11.3 Opportunities

11.3.1 Goods Storage Systems

11.3.2 Transportation Services

11.3.3 Heavy Lifts and Cranes

12. Business Tourism Market

12.1 Drivers

12.1.1 Increasing Trade

12.1.2 High FDI Investments

12.1.3 Upcoming Companies and Projects

12.1.4 Developed Hospitality Sector

12.2 Restraints

12.2.1 Slow Economic Growth

12.2.2 High Costs

12.2.3 Online Video Calling

12.3 Opportunities

12.3.1 Seminar/Webinar Halls

12.3.2 Office Locations Developer and Provider

12.3.3 Business Consulting

13. Transportation Market

13.1 Drivers

13.1.1 Growing Trade market

13.1.2 Need of Local Support

13.1.3 Logistics Growth between China and Hong kong

13.1.4 Advanced Vehicles

13.2 Restraints

13.2.1 Truck Drivers Unavailability

13.2.2 Costly Manpower

13.2.3 Low availability of Labour

13.3 Opportunities

13.3.1 Growing Consumption

13.3.2 Easy Regulations

13.3.3 Low Taxes

14. Retail Market

14.1 Drivers

14.1.1 Increasing Population

14.1.2 Increasing Per Capita GDP

14.1.3 Positive Consumer Perception towards FMCG Market

14.1.4 Changing Consumer Trends

14.1.5 High growth in Small Cities

14.2 Restraints

14.2.1 Crisis Pushes Conservative Spendings

14.2.2 Lower Profitability

14.2.3 Low availability of Labour

14.2.4 High Operational Costs

14.3 Opportunities

14.3.1 Storage and Distribution

14.3.2 Retail Chains

14.3.3 Online Retail

15. Industry Value Chain Analysis

16. Industry Attractiveness ? Porter?s 5 Force Analysis

17. Industry Policies

18. Banking and Finance Market

18.1 Summary

18.2 Key Findings

18.3 Banking System

18.3.1 Key Findings

18.3.2 Government Regulations

18.3.3 Banking Sector Performance

18.3.4 Index Performance

18.3.5 Major Banks

18.3.6 Net Demand and Time Liability (NDTL)

18.3.7 Non Performance Assets (NPA) Trends

18.3.8 Priority Sector Lending Trends

18.4 Financial System

18.4.1 Stock Market

18.4.1.1 Key Findings

18.4.1.2 Major Players

18.4.1.3 Major Companies

18.4.1.4 Government Regulations

18.4.1.5 Index and Its Performance

18.4.1.6 Market Volatility

18.4.1.7 Foreign Investment

18.4.2 Commodity Market

18.4.2.1 Key Findings

18.4.2.2 Major Commodities

18.4.2.3 Major Companies

18.4.2.4 Government Regulations

18.4.2.5 Market Volatility

18.4.2.6 Foreign Investment

18.4.3 Mutual Funds

18.4.3.1 Key Findings

18.4.3.2 Major Commodities

18.4.3.3 Major Trends

18.4.4 Insurance

18.4.4.1 Key Findings

18.4.4.2 Major Commodities

18.4.4.3 Major Trends

18.4.5 Market demand to 2020.

19. Trade and Logistics Market

19.1 Summary

19.2 Imports

19.2.1 Key Findings

19.2.2 Leading Countries

19.2.3 Imported Goods

19.2.4 Prices

19.2.5 Regulations and Taxes

19.2.6 Trade Barriers

19.3 Export

19.3.1 Key Findings

19.3.2 Leading Countries

19.3.3 Exported Goods

19.3.4 Prices

19.3.5 Regulations and Taxes

19.3.6 Trade Barriers

19.4 Major Companies

19.5 Prices

19.6 Market demand to 2020.

20. Business Tourism Market

20.1 Summary

20.2 Key Findings

20.3 Major FDI Reciepient Sectors

20.4 Major Hotels and Restaurants

20.5 Major Companies

20.6 Prices

20.7 Market demand to 2020.

21. Transportation Market

21.1 Summary

21.2 Key Findings

21.3 Major Companies

21.4 Prices

21.5 Upcoming Companies

21.6 Market demand to 2020.

22. Retail Market

22.1 Summary

22.2 Food Products

22.2.1 Key Findings

22.2.2 Sales

22.2.3 Consumption pattern

22.2.4 Exports

22.2.5 Imports

22.2.6 Prices

22.3 Non-food Products

22.3.1 Key Findings

22.3.2 Sales

22.3.3 Consumption pattern

22.3.4 Exports

22.3.5 Imports

22.3.6 Prices

22.4 Major Companies

22.5 Prices

22.6 Market demand to 2020.

23. Competitive Landscape

23.1 Existing Companies

23.2 Upcoming Companies and Projects.

24. List of Figures

25. List of Tables

26. Abbreviations

27. Works Cited

28. DISCLAIMER

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