Core Insights - The Hang Seng Index has increased by over 30% this year, with an average daily trading volume of HKD 258 billion in the first ten months, nearly doubling compared to the average for the entire year of 2024 [1] - There have been 81 new listings this year, raising nearly HKD 216 billion in secondary public offerings, which is more than double the amount from the previous year, making Hong Kong the top global market for IPOs [1] - Follow-on financing for companies listed this year reached HKD 475 billion in the first ten months [1] - Over 200 family offices have established or expanded their operations in Hong Kong with the assistance of the Investment Promotion Agency since 2022 [1] - As of the end of last year, the total assets under management in Hong Kong exceeded HKD 35 trillion, reflecting a year-on-year increase of 13% [1] - The positive developments in the financial services sector have resulted in a real growth of 11% this year, contributing to over 10% of the GDP growth during the same period [1]

Core Insights - The Hang Seng Index has increased by over 26% this year, ranking among the top globally. In the first half of the year, 44 new companies were listed in Hong Kong, raising a total of HKD 109.4 billion, which is more than eight times the amount raised in the first half of 2024, marking the strongest performance since 2021 [1] - As of July 2025, the average daily trading volume in Hong Kong was HKD 240.2 billion, representing a year-on-year increase of 118% [1] - The Hong Kong insurance sector has seen a significant influx of new money, with new premium income reaching HKD 93.4 billion in Q1 2025, a year-on-year increase of 43.1%, setting a record high since data collection began in 2001 [1] Market Performance - The Hang Seng Index's performance reflects a robust recovery in the Hong Kong stock market, with a notable increase in new listings and capital raised [1] - The trading volume surge indicates heightened investor activity and confidence in the market [1] Insurance Sector Insights - The Hong Kong insurance industry is experiencing strong growth, with Q1 2025 new premium income nearly reaching half of the total for 2024, accounting for approximately 42.5% [1] - The currency structure of new premiums shows that 81.8% are in USD, 14.8% in HKD, and 2.4% in RMB, indicating a strong preference for USD-denominated products [3] - The payment structure for new premiums indicates that 50.2% are single premium payments, while 28.2% are for terms less than five years [3] Investment Opportunities - The favorable exchange rate for the RMB against the USD in September provides additional incentives for purchasing Hong Kong insurance products [5] - Anticipated interest rate cuts by the Federal Reserve are expected to lead to lower rates in Hong Kong, but the guaranteed returns on insurance products remain attractive [7][9] - Insurance companies are extending significant promotional offers, with premium rebates and discounts reaching up to 30%, making September an opportune time for consumers to invest in insurance [10]