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

What Is Chinese Government Waiting for to Stimulate Its Economy?

China Steps Up Monetary Support, But Not a Game Changer

Alibaba (BABA US) - Increasing Monetization

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>Q3 GDP and September figures were slightly better. With a speed up of government spending in Q4 , we change our 2024 GDP forecast to 4.8% from 4.6%. </li>
<li>However, despite a further Yuan1.5-2.0trn of fiscal stimulus to come, we still see 4.5% 2025 GDP.  </li>
<li>Stimulus is not focused on the consumer, while the residential housing market has not bottomed in construction or sales terms.  </li>
</ul>


Q3 GDP and September figures were slightly better. With a speed up of government spending in Q4 , we change our 2024 GDP forecast to 4.8% from 4.6%. 
However, despite a further Yuan1.5-2.0trn of fiscal stimulus to come, we still see 4.5% 2025 GDP.  
Stimulus is not focused on the consumer, while the residential housing market has not bottomed in construction or sales terms.  


China September GDP Rotates Higher