Results of monthly survey on business situation of small and medium-sized enterprises for May 2025
The Census and Statistics Department (C&SD) released today (June 10) the results of the Monthly Survey on Business Situation of Small and Medium-sized Enterprises (SMEs) for May 2025.
The current diffusion index (DI) on business receipts amongst SMEs increased from 41.2 in April 2025 in the contractionary zone to 42.1 in May 2025, whereas the one-month's ahead (i.e. June 2025) outlook DI on business receipts was 45.4. Analysed by sector, the current DIs on business receipts, despite below the 50-mark, rose in May 2025 as compared with previous month for many surveyed sectors, particularly for the import and export trades (from 40.2 to 41.9) and wholesale trade (from 40.0 to 41.5).
The current DI on new orders for the import and export trades increased from 42.0 in April 2025 to 44.0 in May 2025, whereas the outlook DI on new orders in one month’s time (i.e. June 2025) was 45.8.
Commentary
A Government spokesman said that business sentiment among SMEs and their outlook in one month's time saw some improvement in May, as the global trade tensions eased somewhat. The overall employment situation also turned slightly better.
Looking ahead, the uncertain external environment could continue to affect business sentiment. Nonetheless, the resilient local economy and sustained steady growth in the Mainland economy should provide a solid backstop. The Government will continue to monitor the situation closely.
Further information
The Monthly Survey on Business Situation of Small and Medium-sized Enterprises aims to provide a quick reference, with minimum time lag, for assessing the short-term business situation faced by SMEs. SMEs covered in this survey refer to establishments with fewer than 50 persons engaged. Respondents were asked to exclude seasonal fluctuations in reporting their views. Based on the views collected from the survey, a set of diffusion indices (including current and outlook diffusion indices) is compiled. A reading above 50 indicates that the business condition is generally favourable, whereas that below 50 indicates otherwise. As for statistics on the business prospects of prominent establishments in Hong Kong, users may refer to the publication entitled "Report on Quarterly Business Tendency Survey" released by the C&SD.
The results of the survey should be interpreted with care. The survey solicits feedback from a panel sample of about 600 SMEs each month and the survey findings are thus subject to sample size constraint. Views collected from the survey refer only to those of respondents on their own establishments rather than those on the respective sectors they are engaged in. Besides, in this type of opinion survey on expected business situation, the views collected in the survey are affected by the events in the community occurring around the time of enumeration, and it is difficult to establish precisely the extent to which respondents' perception of the business situation accords with the underlying trends. For this survey, main bulk of the data were collected around the last week of the reference month.
More detailed statistics are given in the "Report on Monthly Survey on the Business Situation of Small and Medium-sized Enterprises". Users can browse and download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080015&scode=300).
Users who have enquiries about the survey results may contact Industrial Production Statistics Section of the C&SD (Tel: 3903 7246; email: sme-survey@censtatd.gov.hk).
Interdepartmental working group on festival arrangements releases latest information on special boundary-crossing and corresponding public transport service arrangements during New Year's Eve and New Year holidays
The interdepartmental working group on festival arrangements, led by the Chief Secretary for Administration, released the following information today (December 25) on the special boundary-crossing and corresponding public transport service arrangements during New Year's Eve and the New Year holidays.
Photo source: reference image
In view of a series of New Year's Eve countdown events, while the Hong Kong Port of the Hong Kong-Zhuhai-Macao Bridge (HZMB) and the Lok Ma Chau/Huanggang Port (LMC/HG Port) will maintain 24-hour operations as usual, the Hong Kong Special Administrative Region (HKSAR) Government reached a consensus with the relevant departments of Guangdong Province and Shenzhen Municipality to make the following special boundary-crossing arrangements on New Year's Eve to facilitate cross-boundary passenger and vehicular movements:
(1) Passenger clearance services at the Lo Wu Control Point, which usually close at midnight, will be extended to 2am the next day. The operating hours of the MTR East Rail Line will be extended correspondingly, with the departure of the last East Rail Line train from Admiralty to Lo Wu extended to 12.56am; and
(2) Passenger and passenger vehicle clearance services at the Shenzhen Bay Port (SBP), which usually close at midnight, will operate overnight, providing round-the-clock services.
For more effective diversion of cross-boundary private cars on New Year's Day with the implementation of round-the-clock clearance at the SBP, only cross-boundary private cars issued with Closed Road Permits (Permits) for the LMC/HG Port are allowed to use the LMC/HG crossing. For cross-boundary private cars issued with Permits for SBP, LMC/HG, Heung Yuen Wai, Man Kam To Boundary Control Point (BCP) or Sha Tau Kok BCP, they can use the SBP during early-morning hours on New Year's Day.
For cross-boundary coaches, the HKSAR Government has also worked with cross-boundary coach service operators to arrange additional services using the SBP during early-morning hours on New Year's Day, and to enhance the services using the LMC/HG Port, including cross-boundary coaches departing from major stopping points in urban areas such as Wan Chai, Prince Edward and Jordan, as well as a shuttle bus running between the Lok Ma Chau (San Tin) Public Transport Interchange and the LMC/HG Port (Yellow Bus), and the HZMB shuttle bus (Gold Bus). Moreover, a dedicated traffic lane section will be reserved for public transport services at the HZMB, LMC/HG Port, and SBP when necessary, to ensure the smooth operation of public transport services.
As regards local public transport services connecting to BCPs, to tie in with the special round-the-clock passenger clearance arrangements of the SBP on New Year's Day, franchised bus operators will operate two special overnight bus routes, Nos. NB2 and NB3, to provide services to and from Yuen Long/Tin Shui Wai and Tuen Mun respectively during the overnight period. Furthermore, in the case of travellers using overnight services of the MTR East Rail Line that night, after the closure of the Lo Wu Control Point, they may also take the specially arranged short-working bus service, route No. N73, from MTR Sheung Shui Station to Lok Ma Chau (San Tin) Public Transport Interchange, and transfer to the Yellow bus for their journey to Shenzhen.
Residents and visitors may visit "Easy Boundary" (www.sb.gov.hk/eng/bwt/status.html?type=outbound), a one-stop information platform on immigration clearance launched by the Security Bureau, to obtain useful information in one go, including the respective average waiting time for passengers and private cars at land BCPs, as well as for the Gold Bus and Yellow Bus to plan their trips and save waiting time.
The Transport Department's Emergency Transport Co-ordination Centre will operate 24 hours to closely monitor the traffic conditions and public transport services of various districts, the BCPs and major stations; implement contingency measures when necessary to meet service demands; and disseminate the latest traffic information through various channels.
"The full support and co-ordination of the leaders and relevant departments of Guangdong Province and Shenzhen Municipality are crucial to the implementation of the special boundary-crossing arrangements to facilitate the two-way flow of people between Hong Kong and the Mainland, reflecting the effective and close co-operation between Hong Kong and Shenzhen," the spokesman said.
The HKSAR Government will closely monitor the situation and take contingency actions promptly where necessary and deploy manpower flexibly to ensure orderly operations of the BCPs. The Government has formulated contingency plans for the peak periods of cross-boundary travel and made preparations for preventive and control measures to cater for different scenarios. Relevant bureaux and departments have formulated the plans below.
First, with the extension of operating hours at certain BCPs on New Year's Eve, the relevant departments have minimised leave for frontline officers for flexible manpower deployment. Additional counters, temporary counters and channels will be in operation to facilitate passenger and vehicular flow.
Second, the Inter-departmental Joint Command Centre set up by the Hong Kong Police Force, the Immigration Department, the Customs and Excise Department and other relevant departments will be activated from December 31, 2025 to January 4, 2026 to monitor the real-time situations at various BCPs and regularly report to the interdepartmental working group on festival arrangements, maintain close liaison with Mainland port authorities through the established port hotlines and real-time notification mechanism, and take timely contingency actions to flexibly deploy manpower at the BCPs to ensure smooth operation of the land control points.
Third, the Security Bureau will activate the Emergency Monitoring and Support Centre from December 31, 2025 to January 4, 2026 to closely monitor public order matters and co-ordinate any necessary actions at various BCPs, and support the working group in facilitating interdepartmental follow-up actions where necessary to respond promptly to various kinds of emergencies.
The interdepartmental working group on festival arrangements is tasked with holistically co-ordinating and steering the preparatory work of various government departments for welcoming visitors to Hong Kong during the New Year's Eve and New Year holidays, as well as strengthening information dissemination to enable the public and visitors to plan their itineraries according to the latest situation.
Photo source: reference image
