Many Hong Kong businesses ready to invest as tourists return
An Amex survey suggests 47% of local businesses have sufficient cash flow for at least six months, with many keen to invest in talent, training and digital transformation, including for payments, as the SAR welcomed 5.8 million visitors in first six weeks of the year.
As Hong Kong’s GDP grew 3.2% in 2023 and tourism returns to the city after years of inactivity, overall business confidence has improved compared with 12 months ago, according to a recent survey.
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