Core Viewpoint - The Hong Kong Monetary Authority reported a 2.5% increase in total deposits of recognized institutions in May 2025, reflecting corporate fund flows [1] Group 1: Deposit Trends - Total deposits and Hong Kong dollar deposits increased by 6.7% and 7.9% respectively from the beginning of the year to the end of May [1] - Hong Kong's Renminbi deposits fell by 5.4% in May, totaling 975.6 billion Renminbi, primarily due to corporate fund flows [1] - Cross-border trade settlement in Renminbi amounted to 1,123.6 billion Renminbi in May, down from 1,362.1 billion Renminbi in April [1] Group 2: Money Supply - The Hong Kong dollar money supply M2 and M3 both rose by 3.2% in May, with year-on-year increases of 9.5% [1] - Seasonally adjusted Hong Kong dollar money supply M1 increased by 12.3% in May, with a year-on-year rise of 18.5%, partly reflecting investment-related activities [1] - Total money supply M2 and M3 both increased by 2.5% in May, with year-on-year increases of 10.7% for both M2 and M3 [1]

Core Insights - The total deposits of recognized institutions in Hong Kong increased by 0.6% in April 2025, with Hong Kong dollar deposits decreasing by 0.7% and foreign currency deposits rising by 1.6%, reflecting corporate fund flows [1] - From the beginning of the year to the end of April, total deposits and Hong Kong dollar deposits rose by 4.1% and 4.4%, respectively [1] - Renminbi deposits in Hong Kong rose by 7.4% in April, reaching 1,030.9 billion yuan, primarily due to corporate fund flows [1] - The total amount of Renminbi remittances for cross-border trade settlements in April was 1,362.1 billion yuan, compared to 1,184.0 billion yuan in March [1]