Payment Practices Barometer Hong Kong

International survey of B2B payment behaviour

Payment Practices Barometer

Executive summary conclusions

Hong Kong’s role as a trans-shipment hub in a dynamic intra-Asian trade market exerted a palpable impact on some of the trends in this report. This was illustrated vividly when the companies in the survey indicated that as many as five determinants were exerting an almost identical influence over their setting of payments terms. The very tight proximity of these rankings – and the lesser weighting given to the traditional importance of long-term relationships by several business sectors – indicated that Hong Kong businesses have become adroit at balancing their company policy with a range of external factors when deciding how they wish to do business.

Download  Read full summary conclusions of Atradius Payment Practices Barometer

 

Core results

  • An average 35% of Hong Kong receivables went past the due date, above the Asia-Pacific average (30 days domestic/32 days foreign)
  • 6.5% of domestic B2B receivables and 7.5% of export invoices became delinquent, above the 6% overall survey mean
  • Respondents recorded the highest frequency of uncollectable invoices (5%) among the surveyed Asia-Pacific countries (Asia-Pacific average: 4%).

Download  Read all core results of Atradius Payment Practices Barometer



Download PDF file  Download the full report (in English).

 Go to the country website Go to the Atradius Hong Kong website.

 

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