HONG KONG, Dec. 28 (Xinhua) -- 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 Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, on Sunday.
The overall economic performance has been slightly better than projected at the beginning of the year, and has been driven primarily by strong exports and investment, Chan said.
He highlighted that Hong Kong's stock market has staged a stellar performance this year.
The daily turnover of Hong Kong stocks averaged nearly 260 billion Hong Kong dollars (about 33.45 billion U.S. dollars) during the first 11 months, while funds raised through initial public offerings amounted to 270 billion Hong Kong dollars as of mid-December, topping the global list, data showed.
In the first three quarters, Hong Kong's exports also saw robust growth, while the fixed capital investment increased 2.5 percent year on year, Chan said.
Looking ahead, Chan expected the upward momentum to continue into 2026, with finance, innovation and technology, and trade serving as key growth engines.
In the coming year, Hong Kong will further improve itself as an international financial and trade center, while also expediting the development of a world-class innovation and technology hub, Chan said. ■
