Hong Kong Financial Secretary Paul Chan Mo-po: Hang Seng Index has risen by over 30% this year, with the daily average trading volume in the first ten months exceeding nearly twice that of the entire year of 2024.

Hong Kong Financial Secretary Paul Chan Mo-po said that the Hang Seng Index has risen by over 30% so far this year, with an average daily turnover of $258 billion in the first ten months, nearly doubling from the full year average in 2024. During the same period, there were 81 newly listed companies, with total funds raised in IPOs nearly doubling to $216 billion, ranking first globally. In the first ten months of this year, post-IPO follow-up financing for companies amounted to $475 billion. In addition, with the assistance of Invest Hong Kong, over 200 family offices have either set up in Hong Kong or expanded their operations in the city since 2022; as of the end of last year, the total value of assets under management in Hong Kong exceeded $35 trillion, an increase of 13% from the previous year. These positive developments have led to a substantial 11% growth in Hong Kong's financial services exports this year, contributing to a GDP growth of more than 10% during the same period.