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

Hong Kong Services PMI: True Recovery or One-Off Improvement?

New World Development - Tear Sheet - Lucror Analytics

Retail Sales in Hong Kong Better Than Expected, but Growth Slows

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>It is estimated that 0.8 million Hong Kong residents spend weekends at other Bay Areas</li>
<li>These residents spend an average of HKD730 on a weekend in Shenzhen</li>
<li>The value-added factor for food, alcoholic drinks, and tobacco as well as retail trade are both  0.12, which gives 3.64 billion HKD, or 3.5% in annual GDP</li>
</ul>


It is estimated that 0.8 million Hong Kong residents spend weekends at other Bay Areas
These residents spend an average of HKD730 on a weekend in Shenzhen
The value-added factor for food, alcoholic drinks, and tobacco as well as retail trade are both  0.12, which gives 3.64 billion HKD, or 3.5% in annual GDP


Hong Kong: How Much GDP Is Deduced from the Northern Spending of Hong Kong Residents