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

MeNews · 2026-04-11T12:41:18+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 12:41:18

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ME News message. On April 5 (UTC+8), Hong Kong Financial Secretary Paul Chan released the latest edition of “The Financial Secretary’s Blog,” saying that in the first quarter of 2026, under external uncertainties, Hong Kong’s economy is seeing an overall rebound. Although the stock market saw a slight pullback, trading remained active, with daily average trading value rising markedly; the IPO market continued its strong momentum, raising more than HKD 103 billion, ranking first globally, and with more than 500 companies applying for listing, highlighting Hong Kong’s appeal as a financing and “going global” window.

At the same time, the performance of the real economy has improved: exports rose by nearly 30% year-on-year, driven by a rebound in electronic demand; retail sales have grown for the 10th consecutive month, and online sales have surged significantly. The job market has remained stable, with the unemployment rate falling to 3.8%. Overall, with finance and consumption driving “twin engines,” Hong Kong’s economy is supported to recover steadily. (Source: The Government of the Hong Kong Special Administrative Region)

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