2023 Hong Kong SME Development Trends: Standard Chartered Index Analysis and Strategy
Hong Kong's small and medium-sized enterprises showed a slight development momentum in the fourth quarter of 2023, according to the "Standard Chartered Hong Kong SME Leading Business Index," with a slight increase in the comprehensive business index. Companies have maintained steady investment in e-commerce and digital technology, and the cost pressures they face have eased somewhat. Government support measures, such as the dedicated task force for e-commerce development and the Hong Kong Shopping Festival, are expected to further boost the growth of small and medium-sized enterprises. Looking ahead, these enterprises are confident in recovering the local market and expanding overseas markets.
