香港生产力局：第三季“渣打香港中小企领先营商指数”下跌至40.5 创2022年第二季以来最低水平

Group 1 - The "Standard Chartered Hong Kong SME Leading Business Index" for Q3 2025 has dropped 3.3 points to 40.5, marking the lowest level since Q2 2022, indicating a decline in local SMEs' confidence in business revenue for the season [1] - All five sub-indices have decreased, with the most significant drops in business conditions and profit performance [1] - The global economy sub-index has fallen for three consecutive quarters, with a cumulative decline of 15.6 since Q4 2024, reflecting the impact of US monetary policy shifts, high tariff policies, and ineffective economic stimulus measures on consumer spending and global trade [1] Group 2 - Despite global economic uncertainties, Hong Kong SMEs demonstrate resilience, with several key industries maintaining stable growth, particularly construction and accommodation and food services, benefiting from large infrastructure projects and international events [2] - Over 90% of surveyed SMEs plan to maintain or increase investments this season, with 5% intending to boost investment, focusing on digital transformation projects such as IT systems, online marketing, e-commerce, and employee training [2] - The Hong Kong government has successfully attracted tourists through international events, which has positively impacted economic development, although the index indicates a waning effect from pre-export boosts and rising interest rates may expose SMEs to new economic slowdowns [2]