Hong Kong's container throughput up 7.7 percent to 1.93 million TEUs in July
Hong Kong's port traffic last month was a definite improvement on June, but analysts warn that they have yet to see a significant pick-up in the world's third-busiest container port, the South China Morning Post reported.
Container throughput in July rose 7.7 percent to 1.93 million TEUs, according to an estimate from the Hong Kong Port Development Council.
The figure was still down 14.5 percent year on year. However, it was a slight improvement on the 15.6 percent fall in June and a stronger performance than the 23.6 percent decline registered in January.
Measured on a daily basis, average throughput in July was 62,000 TEUs, four percent higher than June, said JP Morgan analyst Karen Li.
Container throughput in July rose 7.7 percent to 1.93 million TEUs, according to an estimate from the Hong Kong Port Development Council.
The figure was still down 14.5 percent year on year. However, it was a slight improvement on the 15.6 percent fall in June and a stronger performance than the 23.6 percent decline registered in January.
Measured on a daily basis, average throughput in July was 62,000 TEUs, four percent higher than June, said JP Morgan analyst Karen Li.