Hong Kong Financial Secretary Paul Chan reviews the Q1 2026 economy: IPO size ranked first globally, fundraising exceeded HKD 103 billion

MeNews · 2026-04-11T03:48:18+00:00

Hong Kong Financial Secretary Paul Chan Mo-po stated that in the first quarter of 2026, Hong Kong’s economy rebounded, the stock market was active, the IPO market was globally leading, the real economy showed improvement, exports and retail sales grew significantly, and the unemployment rate fell to 3.8%, indicating a recovery trend driven by both finance and consumption.

MeNews

2026-04-11 03:48:18

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ME News report, April 5 (UTC+8): Hong Kong Financial Secretary Paul Chan released the latest issue of “The Financial Secretary’s Memoirs.” He said that in the first quarter of 2026, despite external uncertainties, Hong Kong’s economy is seeing an overall rebound. Although the stock market saw a slight pullback, trading remained active, and daily average trading value rose significantly. The IPO market continued to show strong momentum: the fund-raising scale exceeded HKD 103 billion, ranking first globally; the number of companies applying for listing has already surpassed 500, highlighting Hong Kong’s appeal as a financing and “going global” window.

Meanwhile, the real economy is improving: exports grew nearly by 30% year-on-year, driven by a rebound in demand for electronics; retail sales increased for the tenth consecutive month; and online sales surged significantly. The job market remained stable, with the unemployment rate falling to 3.8%. Overall, with finance and consumption working as dual drivers, Hong Kong’s economy is supported to recover steadily. (Source: Government of the Hong Kong Special Administrative Region)

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