Hong Kong Financial Secretary Chan Maopao reviews the economy for Q1 2026: IPO size ranks No. 1 globally, and fundraising exceeds HKD 103 billion

MeNews · 2026-04-11T15:45:18+00:00

Hong Kong Financial Secretary Paul Chan Mo-po stated that in the first quarter of 2026, Hong Kong's economy will recover, the stock market will be active, the IPO market will lead globally, the real economy will show improvement, exports and retail sales will grow significantly, and the unemployment rate will drop to 3.8%, indicating a recovery driven by both finance and consumption.

MeNews

2026-04-11 15:45:18

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ME News, April 5 (UTC+8): Hong Kong Financial Secretary Chen Maobo released the latest issue of “Secretary’s Essays,” saying that in the first quarter of 2026, amid external uncertainties, Hong Kong’s economy has overall been recovering. Although the stock market saw a slight pullback, trading activity remained robust, with daily average trading value rising significantly. The IPO market sustained strong momentum: the fundraising scale exceeded HKD 103 billion, ranking first globally. The number of companies applying for listing has surpassed 500, highlighting Hong Kong’s appeal as a financing and “going global” window.

At the same time, the real economy improved as well: exports grew by nearly 30% year over year, driven by a rebound in electronic demand; retail sales have increased for the tenth consecutive month, while online sales surged sharply. The job market remained stable, with the unemployment rate falling to 3.8%. Overall, with finance and consumption driving growth together, Hong Kong’s economy is supported in its steady recovery. (Source: Government of the Hong Kong Special Administrative Region)

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