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Hong Kong Financial Secretary Paul Chan reviews the Q1 2026 economy: IPO scale ranked first worldwide, fundraising exceeded HKD 103 billion
ME News report. On April 5 (UTC+8), Hong Kong Financial Secretary Paul Chan released the latest issue of “Secretary’s Essays,” saying that in the first quarter of 2026, despite external uncertainties, Hong Kong’s economy is seeing an overall recovery. While the stock market saw a slight pullback, trading remained active, and daily average trading value rose significantly; the IPO market continued its strong momentum, with funds raised exceeding HKD 103 billion, ranking first globally. More than 500 companies have applied to list, underscoring Hong Kong’s appeal as a financing and “go global” window.
At the same time, the real economy has shown signs of improvement: exports grew by nearly 30% year-on-year, driven by a rebound in electronic demand, retail sales increased for the tenth consecutive month, and online sales surged. The job market has remained stable, with the unemployment rate falling to 3.8%. Overall, with finance and consumption as dual drivers, Hong Kong’s economy is supported to steadily recover. (Source: Hong Kong Special Administrative Region Government)