Hong Kong Monetary Authority: The before-tax operating profit of the overall retail banking sector increased by 13.4% year-on-year in the first half of the year.

According to the SmartFinancial APP, on September 29th, the Hong Kong Monetary Authority released the "Semi-Annual Monetary and Financial Stability Report." The report pointed out that the Hong Kong banking industry remained stable during the review period. The overall pre-tax operating profit of retail banks increased by 13.4% in the first half of 2025 compared to the same period in 2024. Profit growth was mainly driven by revenue from foreign exchange and derivative businesses, as well as an increase in fee and commission income, offsetting the decrease in investment income. Overall, the bank's asset return ratio rose to 1.27% in the first half of 2025, compared to 1.19% in the same period in 2024.