In the third quarter, Hong Kong's insurance, financial, import and export trade, and banking business revenue indexes all recorded double-digit year-on-year growth.

date
16:54 09/12/2025
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GMT Eight
In the third quarter of 2025, compared to the third quarter of 2024, many major service industries in Hong Kong saw varying degrees of increase in business revenue calculated by value.
On December 9th, the Census and Statistics Department of the Hong Kong government released preliminary figures for the business receipts index, which showed that in the third quarter of 2025, several major service industries in Hong Kong saw varying degrees of increase in business receipts calculated by value compared to the third quarter of 2024. The insurance industry (+40.7%), financial services industry (excluding banking) (+31.4%), import and export trade industry (+24.5%), and banking industry (+12.9%) all recorded double-digit growth in their business receipts index. On the other hand, the business receipts index for the transportation industry decreased by 5.8% during the same period. Analyzing by service sector, the business receipts index for the computer and information technology service sector increased by 99.1% year-on-year, while the business receipts index for the tourism, conference, and exhibition service sector also increased by 4.6%. Comparing the third quarter of 2025 to the second quarter of the same year, several major service industries recorded varying degrees of increase in seasonally adjusted business receipts (calculated by value). The insurance industry (+23.9%) recorded a double-digit growth in the business receipts index, while the business receipts index for the warehouse industry decreased by 5.6% during the same period. By service sector analysis, in the comparison between the third quarter and the second quarter of 2025, the seasonally adjusted business receipts index for the computer and information technology service sector increased by 20.0%, while the business receipts index for the tourism, conference, and exhibition service sector also increased by 6.8%. A spokesperson for the Hong Kong government stated that in the third quarter of 2025, the business receipts of many service industries showed an increase compared to the same period last year, with the insurance industry, financial services industry (excluding banking), import and export trade industry, and banking industry showing significant increases. Looking ahead, it is expected that the overall service industry in Hong Kong will continue to expand. With the global economy maintaining moderate growth and the easing of tensions in the US-China trade relationship, trade-related industries are expected to receive support. The improvement in consumer sentiment in Hong Kong, continued growth in visitor arrivals, active financial market activities, as well as various measures taken by the Hong Kong government to develop the economy and explore diversified markets, will benefit all service industries. However, the impact of external uncertainties on certain industries still requires close monitoring.