In April 2026, the current trend index of business profits for small and medium enterprises in Hong Kong fell to 44.
The Census and Statistics Department of the Hong Kong Special Administrative Region Government today (May 12) released the results of the monthly survey on the business situation of small and medium-sized enterprises (SMEs) in April 2026.
The Census and Statistics Department of the Hong Kong Special Administrative Region Government released the results of the monthly statistical survey on the business conditions of small and medium-sized enterprises (SMEs) in April 2026 today (May 12). The current trend index of business receipts of SMEs decreased from 44.3 in March 2026 in the contraction territory to 44.0 in April 2026, while the outlook trend index of business receipts for the future month (May 2026) is 47.5. In terms of industry analysis, the current trend index of business receipts in some industries covered in the survey declined in April 2026 compared to the previous month, especially in the catering industry (from 40.6 to 38.1), import and export trade (from 46.3 to 45.4), and wholesale trade (from 42.2 to 41.3).
The current trend index of new orders in the import and export trade industry decreased from 46.8 in March 2026 to 46.1 in April 2026, while the outlook trend index of new orders for the future month (May 2026) is 47.9.
A government spokesperson stated that the business atmosphere for SMEs in April remained cautious amidst continued tension in the Middle East geopolitical situation, but the situation has slightly stabilized. The current trend index of business receipts for SMEs has slightly declined, but the outlook trend index has rebounded. Meanwhile, overall employment situation has remained relatively stable.
Looking ahead, the evolution of the Middle East conflict remains a major uncertain factor affecting the local business atmosphere, but the continuous growth of the Hong Kong economy will provide support. The government has taken targeted measures to mitigate the impact of high fuel costs and to assist SMEs in facing the current volatile market environment, and will continue to closely monitor the situation.
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