The strong performance in Hong Kong’s stock market in 2025 mirrors its economic vitality and robust investor confidence, said Paul Chan Mo-po, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government.

In 2025, Hong Kong reclaimed the top spot in global IPO market rankings for the first time since 2019, with a total of over 280 billion Hong Kong dollars (about 36 billion U.S. dollars) raised - a surge of 224 percent year on year.

The year witnessed Hong Kong's stock market welcoming more than 110 new listings, a significant increase of over 60 percent from 2024.

"Facts and figures speak for themselves. When you look at IPO, this year [2025], we're global number one, I mean, the total fund raised [is] over 280 billion Hong Kong dollars. Actually in terms of IPO fundraising this year [2025] for Hong Kong, the total amount raised by us is more than New York Stock Exchange and NASDAQ combined together in terms of IPO. That tells the strength," Chan said in an interview with China Global Television Network (CGTN).

The strong investor interest reflects a broader revival of confidence, according to the financial secretary.

"So when we look at the background of this investors, a lot of them are foreign institutions, institutional investors from U.S., from Europe, along with southbound investors from the mainland. So the capital flow tells that the international community remain very confident in our capital market," he said.

Hong Kong's economy is expected to grow by 3.2 percent year on year in 2025, marking the third consecutive year of expansion for the global financial hub, according to a blog post by Chan in late December 2025.

Looking ahead, Chan expected the upward momentum to continue into 2026, with finance, innovation and technology, and trade serving as key growth engines.

"Going into 2026, our country remains very strong in terms of its economic growth. The policy room is ample in terms of fiscal policy, financial policies, and also the technological advancement of the country has been very strong and the country is promoting private consumption as well. The export of the country to Global South, in particular Southeast Asia, would remain very strong. So all these [will] contribute to tremendous opportunities for Hong Kong's financial sector, trade as well as services sector," he said.