2007 Quarter 4 Hong Kong Macroeconomic Forecast to be released by HKU

A press conference is scheduled on Wednesday, October 3, 2007 to announce the "Hong Kong Macroeconomic Forecast" (HKMF), supplying headline macroeconomic indicators for Hong Kong's economy in the fourth quarter of 2007.

Sponsored by the Faculty of Business and Economics of The University of Hong Kong (HKU), the forecasting project is managed and prepared by the Asia-Pacific Economic Co-operation (APEC) Study Centre of the Faculty.  It provides the community with reliable, transparent and useful forward-looking economic information to gauge the movements and effects of Hong Kong's activities on a quarterly basis.

The forecasting system, initially developed in collaboration with Nobel Laureate Professor Lawrence Klein of the University of Pennsylvania, has proved to be very useful in tracking the short-term fluctuations of the economy, particularly in predicting turning points of the business cycles.

Media representatives are cordially invited to attend the press conference, the details are:

Date:      October 3, 2007 (Wednesday)
Time:     3:00 pm
Venue:   Pacific Place Conference Centre, 5/F, One Pacific Place, 88 Queensway, Admiralty, Hong Kong

Speakers:     

• Professor Richard Wong, Deputy Vice-Chancellor and Chair of Economics, School of Economics and Finance, HKU
• Dr Alan Siu, Director, APEC Study Centre, HKU
  

For media enquiries, please contact HKU External Relations Office Ms Cherry Cheung, Senior Manager (Media) (Tel: 2859 2606 / E-mail: cherry.cheung@hku.hk ) or Ms Denise Wong, Manager (Media) ( Tel: 2859 2600 / E-mail: denise.wong@hku.hk ).