Hong Kong Financial Secretary Paul Chan takes stock of the 2026 Q1 economy: IPO size ranks first globally, with fundraising exceeding HKD 103 billion

MeNews · 2026-04-11T16:01:18+00:00

On April 5th, Hong Kong Financial Secretary Paul Chan Mo-po stated that in the first quarter of 2026, amid external uncertainties, Hong Kong's economy overall rebounded, the stock market was active, IPO fundraising exceeded HKD 103 billion, exports and retail sales continued to grow, and the unemployment rate dropped to 3.8%, indicating a recovery driven by both finance and consumption.

MeNews

2026-04-11 16:01:18

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ME News Report, April 5 (UTC+8), Hong Kong Financial Secretary Paul Chan released the latest issue of “Secretary’s Essays,” stating that in the first quarter of 2026, amidst external uncertainties, Hong Kong’s economy is overall recovering. The stock market experienced a slight pullback but remained active, with daily average trading volume significantly increasing; the IPO market continued its strong momentum, raising over HKD 103 billion, ranking first globally, with more than 500 companies applying for listing, highlighting Hong Kong’s attractiveness as a financing and “going global” gateway. At the same time, the real economy showed improvement: exports grew nearly 30% year-on-year driven by a rebound in electronic demand, retail sales increased for the tenth consecutive month, and online sales surged; the employment market remained stable, with the unemployment rate dropping to 3.8%. Overall, driven by finance and consumption, Hong Kong’s economy is steadily recovering. (Source: PANews)

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