Hong Kong Financial Secretary Paul Chan reviews the Q1 2026 economy: the largest IPO scale in the world, fundraising exceeding HKD 103 billion

MeNews · 2026-04-11T08:42:33+00:00

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

MeNews

2026-04-11 08:42:33

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ME News, April 5 (UTC+8). Hong Kong Financial Secretary Paul Chan released the latest issue of “Secretary’s Essays,” saying that in the first quarter of 2026, under external uncertainties, Hong Kong’s economy is seeing an overall recovery. Although the stock market recorded a slight pullback, trading remained active, with daily average trading value rising significantly; the IPO market continued to show strong momentum, raising more than HKD 103 billion, ranking No. 1 globally, and with more than 500 companies applying for listings, highlighting Hong Kong’s appeal as a financing and “going overseas” gateway.

At the same time, the real economy improved: exports rose by nearly 30% year on year, driven by a rebound in electronic demand, retail sales have increased for the tenth consecutive month, and online sales surged. The employment market remained stable, with the unemployment rate falling to 3.8%. Overall, with finance and consumption driven by two engines, Hong Kong’s economy is supported for a steady recovery. (Source: Government of the Hong Kong Special Administrative Region)

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