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Hong Kong bankruptcy petitions down 16.4 pct in Dec, up 15.7 pct y/y
January 18, 2013 / 3:04 AM / 5 years ago

Hong Kong bankruptcy petitions down 16.4 pct in Dec, up 15.7 pct y/y

HONG KONG, Jan 18 (Reuters) - Following are monthly
bankruptcy statistics provided by the government:
    
                              Pct Change              Pct Change
No. of              December  M/M     Y/Y    Jan-Dec      Y/Y 
Bankruptcy petitions   692   -16.43  15.72    8,685       7.53
 
Bankruptcy orders      625   -10.20  flat     8,178       2.47
    
    In November, the government revised its 2012 full-year
economic growth forecast to 1.2 percent from 1-2 percent, down
sharply from a 4.9 percent expansion in 2011..

 (Reporting by Christina Lo; Editing by Kim Coghill)

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