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Hong Kong – Feb External Trade
26/03/2020 05:32 pm MYT
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On a year-on-year basis, total exports in Feb increased by 4.3% to HK$238.6 bln, while total imports declined by 0.1% to HK$277.1 bln, resulting in a trade deficit of HK$38.6 bln – see figure 1. However, it would be more meaningful to look at the combined data of Jan and Feb due to the difference in timing of the Lunar New Year holidays, in which the value of total exports decreased by 12.0%, while the value of imports decreased by 9.3% over the same period in 2019. Trade is expected to be weak in the next couple of months due to the Covid-19 pandemic.

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
Announcement

Capital Dynamics Sdn Bhd and Capital Dynamics Asset Management Sdn Bhd, being capital market intermediaries licensed by the Securities Commission of Malaysia, are operating as usual in accordance with the Standard Operating Procedures prescribed by the relevant authorities. We will continue to take precautionary measures to protect our employees, clients and other stakeholders. You may reach us at +603-2070 2104 or 2105 or 2106 or email us at cdsb@icapital.biz (investment advisory) or enquiries@cdam.biz (asset management) for any enquiries.

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