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 From Hong Kong's Information Services Department
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July 20, 2007
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Insolvency
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Bankruptcy petitions down 18.4%
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Official Receivers Office

There were 838 bankruptcy petitions presented in June, down 18.4% from the May figure of 1,027, and down 5.8% compared with last year's average monthly figure of 890.

 

The Official Receiver's Office said during the month, the court made 826 bankruptcy orders, down 10.2% from the previous month's figure of 920, and a drop of 3.9% on the average monthly figure of 860 last year.