Hong Kong’s Bankruptcy Requests Climb to Almost Two-Year High

Hong Kong’s number of bankruptcy petitions filed last month rose to the highest in almost two years after economic growth slowed to what the government predicted would be the weakest since 2009.

The number of bankruptcy requests submitted in January increased 62 percent from a year earlier to 837, according to data posted on the website of the Official Receiver’s Office today. That was the highest number since March 2011 when 866 were filed, the data showed.