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Hong Kong Sept bankruptcy petitions down 17.5 pct from August
HONG KONG, Oct 22 (Reuters) - Following are monthly
bankruptcy statistics provided by the government.
Pct Change Pct Change
No. of September M/M Y/Y Jan-Sep Y/Y
Bankruptcy petitions 648 -17.45 +2.53 6,406 +4.29
Bankruptcy orders 704 +7.65 +14.29 6,172 +1.28
In August, the government revised down its 2012 full-year
GDP growth forecast to 1-2 percent from 1-3 percent, as the euro
zone crisis and sluggish global growth sapped demand for
exports..
(Reporting by Christina Lo; Editing by Jacqueline Wong)
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