香港2026年第一季大型企业短期业务前景大致平稳 招聘意欲轻微放缓

Business Outlook - The overall short-term business outlook for large enterprises in Hong Kong is expected to remain stable in Q1 2026, with a slight decrease in recruitment intentions [1] - The proportion of respondents expecting better business conditions in Q1 2026 is 11%, slightly down from 13% in Q4 2025, while those expecting worse conditions decreased from 15% to 14% [2] Industry Analysis - Most industries anticipate that business conditions in Q1 2026 will either worsen or remain unchanged compared to Q4 2025, particularly in the construction and accommodation sectors, where a significant number of respondents expect a decline [2] - In contrast, the financial and insurance sectors have a higher proportion of respondents expecting improved business conditions compared to those expecting a decline [2] Business Output - Overall, respondents expect business/output volume in Q1 2026 to decrease or remain unchanged compared to Q4 2025, especially in the accommodation and construction sectors [4] - Conversely, a larger number of respondents in the financial and insurance sectors anticipate an increase in business volume compared to Q4 2025 [4] Employment - In half of the surveyed industries, respondents expect the number of employees in Q1 2026 to remain stable compared to Q4 2025; however, a significant number in the construction sector expect a decrease [5] - In the manufacturing and real estate sectors, more respondents expect an increase in employment than those expecting a decrease [5] Pricing - Most industries expect the prices of goods/services in Q1 2026 to remain stable compared to Q4 2025; however, in the construction sector, a larger number of respondents anticipate a decrease in bidding prices [6]