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 From Hong Kong's Information Services Department
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April 20, 2007
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Insolvency
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March sees 1,064 bankruptcy petitions
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Official Receivers Office

There were 1,064 bankruptcy petitions presented in March, up 32.8% on February, and up 19.6% on last year's average monthly figure of 890.

 

The Official Receiver's Office said the court made 803 bankruptcy orders during the month, up 24.5% on the previous month's figure of 645, but down 6.6% on the average monthly figure of 860 last year.