Economic Growth - Hong Kong's GDP grew by 3.1% year-on-year in Q2, marking the tenth consecutive quarter of growth [1] - The economy has shown resilience despite complex external environments, with a growth of 2.5% in 2024 and 3.1% in Q1 of this year [1] Stock Market and IPOs - The total market capitalization of Hong Kong stocks reached HKD 42.7 trillion, a 33% year-on-year increase [1] - Hong Kong ranked first globally with 52 IPOs raising HKD 124 billion, a 590% increase year-on-year [1] Trade and Exports - Overall merchandise exports from Hong Kong increased by 12.5% year-on-year in the first half of 2025, indicating a strong recovery in external demand [2] - The growth in exports reflects Hong Kong's deepening ties with both the mainland and international markets, reinforcing its status as a global trade hub [2] Investment Landscape - The number of companies with Hong Kong parent companies reached 9,960, a 10% year-on-year increase [2] - As of the end of last year, the total value of asset and wealth management in Hong Kong was approximately HKD 35.1 trillion [2] - The number of registered funds reached 976, with a net inflow of over USD 44 billion, representing a 285% increase year-on-year [2] Consumer Market - Retail sales in Hong Kong recorded year-on-year growth for the first time in 14 months as of May, indicating a preliminary recovery in the consumer market [2] Future Outlook - Confidence in Hong Kong's economy remains strong, with stable growth fostering international trust [3] - Continuous GDP growth is expected to create more job opportunities, increase citizen income, and stimulate local consumption, leading to a positive cycle [3] - The government emphasizes the importance of maintaining an open and stable market environment to enhance Hong Kong's competitiveness on the international stage [3]

Economic Resilience - Hong Kong's economy has shown strong resilience, with local GDP growing for nine consecutive quarters, surpassing 3 trillion HKD [1] - The average daily trading volume in the stock market has increased to over 240 billion HKD this year, with IPO fundraising leading globally [1] Innovation and Technology - The government is investing heavily in innovation and technology, which is seen as a crucial engine for economic development [1][2] - Local R&D expenditure is expected to reach nearly 33 billion HKD in 2023, reflecting a 10% year-on-year increase [2] - The number of startups reached a record high of approximately 4,700 by the end of last year, supported by key innovation hubs [2] Financial Sector Growth - The number of registered funds in wealth management reached 976 by the end of March, with a net inflow of over 44 billion USD, marking a 285% increase [2] - The insurance sector saw new long-term policy sales reach 1.08 million, with premiums close to 220 billion HKD, representing over 40% and 70% growth respectively [2] Talent and Business Attraction - The introduction of quality enterprises and high-end talent is essential for economic growth, creating a virtuous cycle [3] - Since the establishment of the office for attracting key enterprises at the end of 2022, over 80 frontier technology companies have settled in Hong Kong, expected to invest over 50 billion HKD and create more than 20,000 jobs [3] - The investment promotion agency has attracted nearly 1,400 companies to expand or establish operations in Hong Kong, projected to bring over 100 billion HKD in investment and nearly 20,000 jobs [3]