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

China: CPI Still Weak for July and Forecast of Upcoming Government Measures

China CPI 0.3% y-o-y (consensus 0.4%) in May-24

China CPI 0.3% y-o-y (consensus 0.2%) in Apr-24

Preview to the 3rd Plenum of Chinese Communist Party

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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 disinflation process is clear in the June CPI data, with excess production and soft consumer spending producing a lower than expected outcome. </li>
<li>Combined with weak M2 money growth, parts of China economy remain weak and point to a softening of GDP growth in H2.</li>
<li>So policy action will likely remain targeted, in face of the weak economy</li>
</ul>


China disinflation process is clear in the June CPI data, with excess production and soft consumer spending producing a lower than expected outcome. 
Combined with weak M2 money growth, parts of China economy remain weak and point to a softening of GDP growth in H2.
So policy action will likely remain targeted, in face of the weak economy


China: Weak June CPI