Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Alex Ng is the founder and head of research of the economic and investment research house Fortress Hill Advisors. Prior to founding Fortress Hill Advisors, he worked as an economic research analyst across government, academic, and financial institutes including the Hong Kong Financial Secretary’s Office (Office of the Government Economist), Economic Research Center of the Institute of Asia-Pacific Studies at CUHK, and State Street Global Markets. Alex holds a Master of Arts in Economics degree from Columbia University in the City of New York and a Bachelor of Arts in Economics and Mathematics from Wesleyan University (CT, USA).

Our firm's expertise lies in macroeconomics, global macro,  global thematic research, company and equity research, multi-asset strategy, event driven, and ESG.

We also do proprietary trading on the firm's capital, to try to vindicate our investment thesis. Our flagship publication, Heard from Fortress Hill (HFFH) provides our weekly market observations and is freely available on our website: https://fortresshill-advisors.com/hffh/

Founder & Head of Research

China Economics: Third Plenum Fails To Move The Dial Despite Growth Headwinds

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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Macroeconomics

<ul>
<li>China's Jun export rises by 8.6% year-on-year, above the consensus 8.0% and breaking 15-month new high.</li>
<li>We believe the trade figures in June is no point for the economy to cheer up, despite good export number.</li>
<li>The decline in imports by 2.3%yoy shows that the local consumption upgrade plan is not working well and the economy reverts to the reliance on exports again to sustain growth.</li>
</ul>


China's Jun export rises by 8.6% year-on-year, above the consensus 8.0% and breaking 15-month new high.
We believe the trade figures in June is no point for the economy to cheer up, despite good export number.
The decline in imports by 2.3%yoy shows that the local consumption upgrade plan is not working well and the economy reverts to the reliance on exports again to sustain growth.


China's Above-Forecast Jun Export Is No Way to Cheer