HK bankruptcy petitions down 5.03pct in June, up 6.19pct y/y

21-Jul-2012 Intellasia | Reuters | 7:01 AM Print This Post

Following are monthly bankruptcy statistics provided by the government on Friday. 

 percent Change percent Change 

  No. of June M/M Y/Y Jan-June Y/Y 

  Bankruptcy petitions 755 -5.03 +6.19 4,274 +4.60 

  Bankruptcy orders 712 +6.59 +15.58 4,015 +1.08

The government has forecast GDP growth of between 1 and 3 percent this year, sharply down from 5 percent expansion in 2011.

http://in.reuters.com/article/2012/07/20/hongkong-economy-bankruptcy-idINL3E8HF1BU20120720

 

Category: Hong Kong

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