按行业分析，一些统计调查涵盖的行业的业务收益现时动向指数在2025年十一月较上月下跌，特别是物 流业(从43.3下跌至42.2)及进出口贸易业(从45.7下跌至44.7)。 进出口贸易业新订单的现时动向指数从2025年十月的47.1下跌至2025年十一月的46.0，而未来一个月(即 2025年十二月)的新订单展望动向指数为47.4。 政府发言人表示，继在过去数月录得明显改善后，十一月中小企的营商气氛大致平稳。虽然业务收益的 现时动向指数从上月高位轻微下跌，但展望未来一个月情况的指数保持在高位。与此同时，整体就业情 况较上月轻微改善。 展望未来，香港经济进一步稳健增长会支持本地营商气氛。但外围环境的不确定因素仍在，政府会密切 监察相关情况。 智通财经APP获悉，12月9日，香港特区政府统计处发表2025年十一月份中小型企业(中小企)业务状况环 比统计调查的结果。中小企业务收益的现时动向指数从2025年十月在收缩区域的44.8下跌至2025年十一 月的44.5，而未来一个月(即2025年十二月)的业务收益展望动向指数为47.5。 ...

Core Insights - The current business situation index for small and medium-sized enterprises (SMEs) in Hong Kong increased from 42.3 in August 2025 to 43.8 in September 2025, indicating a slight improvement in business conditions [1] - The future business outlook index for October 2025 is projected at 47.2, suggesting a more optimistic sentiment among SMEs [1] - All sectors surveyed showed an increase in their respective indices in September 2025, particularly in real estate (from 43.9 to 47.1), retail (from 41.1 to 42.8), and logistics (from 40.5 to 42.2) [1] Industry Analysis - The current index for new orders in the import and export trade sector rose from 44.2 in August 2025 to 46.5 in September 2025, with a future outlook index of 47.3 for October 2025 [1] - The business atmosphere for SMEs in Hong Kong has improved, with stable employment conditions reported [1] - Despite ongoing uncertainties in the external environment, the robust local economy in Hong Kong and growth in mainland China are expected to support the business climate [1]