香港金管局：2025年12月份港元货币供应量M2及M3均同比上升4.2%

Group 1: Monetary Supply and Deposits - In December 2025, the Hong Kong dollar money supply M2 and M3 both increased by 0.4%, with a year-on-year increase of 4.2% [1] - The total money supply M2 and M3 rose by 1.2% in December, with year-on-year increases of 11.6% [1] - Total deposits in recognized institutions increased by 1.2% in December, with Hong Kong dollar deposits and foreign currency deposits rising by 0.4% and 1.7% respectively [1] - For the entire year of 2025, total deposits and Hong Kong dollar deposits increased by 11.8% and 3.8% respectively [1] - Renminbi deposits in Hong Kong fell by 4.2% in December, totaling 960.1 billion yuan, reflecting corporate fund flows [1] Group 2: Loans and Advances - Total loans and advances increased by 1.3% in December, with a full-year increase of 2.3% for 2025 [2] - Loans used in Hong Kong (including trade financing) and loans used outside Hong Kong rose by 1.2% and 1.8% respectively in December [2] - The loan-to-deposit ratio for Hong Kong dollars decreased from 73.2% at the end of November to 72.9% at the end of December due to a larger increase in deposits compared to loans [2] - Residential mortgage loans increased, while loans for construction, property development, and investment decreased [2]