Consumer Credit in Hong Kong, China

Consumer Credit in Hong Kong, China

Despite a sluggish economic outlook, Hong Kong residents have exhibited a robust appetite for borrowing. Following the relaxation of COVID-19 restrictions, there was a surge in pent-up demand for travel, dining, and entertainment. This led to increased spending, often financed through credit. The decline in unemployment has bolstered consumer confidence and disposable income. As more people return to work, their spending power increases.

Euromonitor International's Consumer Credit in Hong Kong, China report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Consumer Credit market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.