Category: Service Industries
Hong Kong Service Industries
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Analysis by Region - Asia Pacific - Hong Kong SAR
... 2025, weaker than the estimated 2.5% expansion this year. While our expectations for growth next year are weak, possible front-loading of exports before US tariffs kick in add a material upside risk to our outlook. Read More
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Consumer Credit in Hong Kong, China
... 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 ... Read More
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Pre-Paid Cards in Hong Kong, China
... all continuing to rise in 2024. This is in contrast to the niche of closed loop pre-paid cards, which continues to lose popularity and is dominated by merchant issued gift cards. Euromonitor International's Pre-Paid Card ... Read More
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Financial Cards and Payments in Hong Kong, China
... value, despite the higher number of debit cards in circulation. Credit cards dominates value due to higher spending, attractive rewards and wide acceptance. Debit cards, primarily linked to the local EPS system, have become a ... Read More
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Charge Cards in Hong Kong, China
... these high-spending individuals tend to prioritise the quality of their travel experience and are likely to spend more than twice that of the average consumer. This trend relates to experiential luxury, where HNWIs value staying ... Read More
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Credit Cards in Hong Kong, China
... actively using their existing credit cards, and financial institutions are extending more lines of credit. Hong Kong’s credit cardholders continue to use their existing cards’ loyalty programmes to spend, rather than applying for new cards. ... Read More
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Debit Cards in Hong Kong, China
... penetration rate is high, with 3.4 cards per inhabitant, credit and charge cards dominate, accounting for 70% share of card payment value due to attractive reward programmes. Euromonitor International's Debit Card Transactions in Hong Kong, ... Read More
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Hong Kong In-depth PESTLE Insights
... support trend analysis.Synopsis Understand the political system in Hong Kong through analysis of key figures in the country and governance indicators. Understand the economic situation in Hong Kong through a balanced assessment of core macroeconomic ... Read More
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Hong Kong Cards (China SAR) and Payments: Opportunities and Risks to 2028
... Kong cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, card, credit transfer, direct debits, and cheques during the review-period (2020-24e). The report ... Read More
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Macro - Country Economic Forecasts - Hong Kong SAR
... in sequential moderation in growth, favourable base effects will push y/y growth to 4.1%. This is consistent with recent activity data which overwhelmingly suggested that the economic momentum slowed on a sequential basis in Q2. Read More
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Standard Chartered Bank (Hong Kong) Ltd - Strategic SWOT Analysis Review
... the company’s key employees, key competitors and major products and services. This up-to-the-minute company report will help you to formulate strategies to drive your business by enabling you to understand your partners, customers and competitors ... Read More
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Hong Kong (China SAR) Wealth Management: HNW Investors 2024
... requirements, and portfolio allocations of its HNW investors. The report is based on GlobalData's annual Global Wealth Managers Survey. The Hong Kong HNW market is dominated by older and professional males. HNW investors have mainly ... Read More
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Banks in Hong Kong
... the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, ... Read More
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Hong Kong Credit Cards - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029
... to reach USD 171.93 billion by 2029, growing at a CAGR of 8.68% during the forecast period (2024-2029). Hong Kong has a well-established contactless payment infrastructure, and many credit cards support popular payment methods such ... Read More
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Hong Kong Life Insurance Market, Key Trends and Opportunities to 2028
... insurance segment. The report provides a detailed outlook by product category for Hong Kong's life insurance segment. It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession ... Read More
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Hong Kong General Insurance Market, Key Trends and Opportunities to 2028
... insurance segment. The report provides a detailed outlook by product category for Hong Kong's general insurance segment. It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession ... Read More
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Hong Kong Insurance Industry - Governance, Risk and Compliance
... It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance ... Read More
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Consumer Lending in Hong Kong, China
... by card lending. The reopening of borders in the fourth quarter of 2022 has sparked a strong desire among locals to travel abroad after staying in the domestic market for three years. This surge in ... Read More
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Debit Cards in Hong Kong, China
... of the pandemic. Residents are now showing a strong and sustained interest in reallocating their spending from daily expenses in Hong Kong towards their outbound travel budgets. Hong Kong's outbound expenditure is set to recover ... Read More
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Credit Cards in Hong Kong, China
... of the pandemic. Residents are now showing a strong and sustained interest in reallocating their spending from daily expenses in Hong Kong towards their outbound travel budget. Hong Kong's outbound expenditure is set to recover ... Read More
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Financial Cards and Payments in Hong Kong, China
... This is mainly being driven by overseas consumption due to revenge travel after borders reopened in the fourth quarter of 2022. Credit cards remain as a top-of-mind payment option for local consumers. Euromonitor International's Financial ... Read More
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Pre-Paid Cards in Hong Kong, China
... interest among local residents to explore the mainland during weekends or holidays, Octopus has strategically capitalised on the integration of the Greater Bay Area. To cater for the needs of Hong Kong residents travelling to ... Read More
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Charge Cards in Hong Kong, China
... Diners Club are determined to customise their latest offers to better cater for this shrinking client base. Following the reopening of borders, there has been a surge in revenge travel, leading to a significant shift ... Read More
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Hong Kong Non-Life Insurance Market to 2027
... descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes ... Read More
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Hong Kong Life Insurance Market to 2027
... descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The market is segmented into Life Insurance and Pension/Annuity. The Hong Kongese life insurance market had ... Read More
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