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

MeNews · 2026-04-11T14:13:18+00:00

On April 5, Hong Kong Financial Secretary Paul Chan Mo-po stated that in the first quarter of 2026, despite external uncertainties, Hong Kong’s economy rebounded overall, the stock market was active, the IPO market raised more than 1030 billion Hong Kong dollars, exports and retail sales continued to grow, and the unemployment rate fell to 3.8%, showing a recovery driven by both finance and consumption.

MeNews

2026-04-11 14:13:18

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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. Although the stock market experienced a slight pullback, trading remained active, with daily average transaction volumes 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 overseas” 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 falling to 3.8%. Overall, the dual engines of finance and consumption are driving steady recovery in Hong Kong’s economy. (Source: PANews)

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