Hong Kong exports surge 53% to HK$667.9 billion, second highest on record

The recent strength in Hong Kong’s exports extended into August, with the value jumping by 53 per cent to HK$667.9 billion (US$85.6 billion) – the second-highest level on record after July’s peak – on strong demand for artificial intelligence-related products. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports rose to HK$667.9 billion last month, following a 50.7 per cent surge in July. Imports, meanwhile, rose 60 per cent to...