Hong Kong: From Market Growth to Leading Financial Center

Hong Kong is demonstrating increasingly impressive results in the development of its financial market, solidifying its position as one of the key global financial hubs. Currently, the city is experiencing dynamic growth, reflecting the successful implementation of ambitious policies for developing and strengthening financial services.

Rapid Growth of Listings and Market Revival

The capital market is showing noticeable activity: approximately 20 companies have gone public, attracting around HKD 80 billion in investments. According to RTHK, about 480 companies are currently in the queue for IPOs, including 10 international organizations, indicating a growing interest in Hong Kong’s financial market.

Market activity is also increasing among traders. The average daily trading volume on the stock market last month exceeded HKD 270 billion, with some days reaching over HKD 300 billion. These figures demonstrate investor confidence recovery and heightened interest in Hong Kong securities.

Government Support and Strategic Vision

Finance Secretary Christopher Hui emphasized in his speech that the current rise of Hong Kong’s financial market is not a coincidence but a result of coordinated efforts by all stakeholders, including government agencies and regulators. Hui highlighted three key factors ensuring success: market participants’ trust, decisive reform implementation, and persistence in achieving set goals.

According to the official, Hong Kong’s dynamic development—especially achievements in manufacturing and technological innovation—creates a solid foundation for further growth of the local financial market. Additionally, Hui stressed the importance of the “one country, two systems” political model and the unique opportunities it offers Hong Kong’s participation in national development.

Asset Diversification and Expansion of the Financial Ecosystem

Hong Kong’s strategic vision extends beyond the traditional stock market. The government actively promotes the development of new segments, including bond markets and commodity exchanges, aiming to transform Hong Kong into a fully functional international financial center that closely integrates financial services with the real economy.

A successful example of such diversification is the development of commodity markets. After Hong Kong was recognized by the London Metal Exchange last year, the city established 15 storage facilities holding over 20,000 tons of non-ferrous metals. This development demonstrates Hong Kong’s potential as a global trading hub for raw materials.

Another indicator of the expanding financial ecosystem is the growing presence of family offices. The number of such entities in Hong Kong has increased to 3,384, a rise of over 25% since 2003. Family offices have diverse needs for financial services, from accounting and investment management to legal consulting. It is estimated that family offices contribute approximately HKD 13 billion annually to Hong Kong’s economy, supporting the development of the service sector and labor market.

Outlook for Attracting Global Capital

Christopher Hui expressed optimism about attracting both local and foreign investment funds to Hong Kong. He believes that such capital inflows will bring tangible benefits to the local economy, expand financial services, and create new jobs. Thus, the development of Hong Kong’s financial market is viewed not as an end in itself but as a tool for comprehensive economic growth, aimed at improving residents’ welfare and strengthening its position in the global financial architecture.