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Bankruptcies Rise In Hong Kong

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Bankruptcy petitions in Hong Kong rose to 1,142 in September from 1,099 in August, official data showed Friday. A year ago, the number was 873. However, the number eased from a peak of 1,872 recorded in March.

In the second quarter, the economy exited its worst recession, but conditions remain challenging for firms to operate.

Bankruptcy petitions in Hong Kong rose to 1,142 in September from 1,099 in August, official data showed Friday. A year ago, the number was 873. However, the number eased from a peak of 1,872 recorded in March. (Market News Provided by RTTNews)

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