Hong Kong Bankruptcy Petitions Increase 17% in 2024

MT Newswires Live

2025/01/21

Hong Kong's bankruptcy petitions rose 17% to 9,190 cases in 2024 from 7,860 a year earlier, according to data from the city's Official Receiver's Office.

The number of bankruptcy orders from the courts reached 8,553, up 16% from 7,860 in 2023, the office said.

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