S & P Global Monday (August 5) announced that after adjustment of Hong Kong's July Purchasing Manager Index (PMI), from 48.2 to 49.5 from June to 49.5, it was lower than the Rongku Line for three consecutive months.It reflects the continuous weakening of the business environment.
The comprehensive network media "Hong Kong 01" and the Hong Kong Economic Daily reported that Hong Kong private enterprises were affected by the sluggishness and competition in the city, so they reduced their business activities for the third month in July.Industry data shows that in July, the production industry reduced production was the most significant, but the overall tightening level had fallen from a high level in June more than two years.At the same time, the decline in new orders in July also slowed down from June.The newly connected business of customers in mainland China has risen, reversing the decline in the past year.
In the case of new orders, the backlog workload of Hong Kong in July has decreased again.The level of employment has decreased with the pressure of production capacity. The main cause of corporate contraction is that the vacancy of the departure is not filled, not layoffs.
The overall business emotion of private enterprises in Hong Kong has maintained pessimism, and the relevant views have been maintained for one year.In summary, companies have stated that due to the increasing competition and uncertain economic prospects, it is expected that the output will be reduced in the next year; however, there are also many companies that continue to optimize the prospects of demand, so they increase their procurement in July and increase their holdings.
