HKMA Quarterly Bulletin (June 2008 Issue)

The Hong Kong Monetary Authority (HKMA) today (Wednesday) published the June 2008 issue of its Quarterly Bulletin.

This issue of the Quarterly Bulletin contains the regular Half-Yearly Monetary and Financial Stability Report, which analyses recent external and domestic influences on Hong Kong's monetary and financial systems. The Report notes that the Hong Kong economic growth held up well despite the continued global economic slowdown in the first half of 2008.

This Quarterly Bulletin contains two feature articles:

• Service exports: The next engine of growth for Hong Kong? - providing an overview of the recent developments and future prospects in service exports in Hong Kong, with a focus on trade-related, financial, and travel services.
• Results of the 2007 survey on credit derivative and securitisation activities - showing that the credit derivative and securitisation markets continued to grow rapidly.

The Quarterly Bulletin can be viewed on and downloaded from the HKMA website at http://www.info.gov.hk/hkma/eng/public/qb_index.htm. A separate, printed version of the Half-Yearly Monetary and Financial Stability Report (English only) may be ordered at $60 per copy. The Report may also be bought at the HKMA Information Centre on 55th Floor, Two International Finance Centre.

For further enquiries, please contact:
Thomas Chan, Senior Manager (Press), at 2878 1480 or
Lilian Goh, Officer (Press), at 2878 8246

Hong Kong Monetary Authority
18 June 2008