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Hong Kong's Service Industries See Growth for Q2 2026

HK

Hong Kong's Service Industries See Growth for Q2 2026
HK

HK

Hong Kong's Service Industries See Growth for Q2 2026

2026-09-10 16:30 Last Updated At:09-11 16:20

Quarterly business receipts indices for service industries for second quarter of 2026

Business receipts in value terms of almost all major service industries showed increases of varying magnitudes in the second quarter of 2026 when compared with the second quarter of 2025, according to the provisional figures of business receipts indices released today (September 10) by the Census and Statistics Department (C&SD).

The Census and Statistics Department, Photo source: reference image

The Census and Statistics Department, Photo source: reference image

Comparing the second quarter of 2026 with the second quarter of 2025, double-digit increases were recorded in business receipts indices of the insurance (+60.7%), import/export trade (+37.7%), financing (except banking) (+29.1%), banking (+26.2%), transportation (+16.5%) and wholesale (+15.4%) industries. On the other hand, the warehousing and storage industry recorded a decrease of 4.1% in business receipts index during the same period.

Analysed by service domain, business receipts index of the computer and information technology services domain increased by 91.8% year-on-year during the same period, while that of the tourism, convention and exhibition services domain also increased by 3.9% year-on-year.

On a seasonally adjusted quarter-to-quarter comparison, business receipts in value terms of around half of the major service industries recorded increases of varying magnitudes in the second quarter of 2026 when compared with the first quarter of 2026. In particular, double-digit increases were recorded in business receipts indices of the financing (except banking) (+12.2%) and transportation (+10.7%) industries. On the other hand, business receipts index of the courier industry decreased by 7.8% during the same period.

Analysed by service domain, comparing the second quarter of 2026 with the first quarter of 2026 on a seasonally adjusted basis, business receipts index of the computer and information technology services domain increased by 7.5%, whereas that of the tourism, convention and exhibition services domain decreased by 6.5%.

Photo source: reference image

Photo source: reference image

Commentary

A Government spokesman said that business receipts of almost all service industries increased in the second quarter of 2026 over a year earlier. In particular, the insurance, import/export trade, financing (except banking), banking and wholesale industries continued to see double-digit growth in their business receipts, and that for the transportation industry also saw visible acceleration in growth. Meanwhile, business performance of the computer and information technology services domain remained robust with receipts continuing to grow, strongly underpinned by the global tech upcycle.

Looking ahead, businesses of service industries in general should see further growth amid the continued economic expansion. Nonetheless, external uncertainties and headwinds remain. The Government will continue to closely monitor the potential impacts of external developments on the services industries.

Further information

The revised figures of business receipts indices for the second quarter of 2026 will be released at the website of the C&SD (www.censtatd.gov.hk/en/web_table.html?id=660-69001) on October 20, 2026.

Data for compiling the business receipts indices are mainly based on the Quarterly Survey of Service Industries conducted by the C&SD, supplemented by relevant data provided by the Hong Kong Monetary Authority and the Hong Kong Tourism Board.

A service domain differs from a service industry in that it comprises those economic activities which straddle different industries but are somehow related to a common theme. It may include all activities carried out by all companies in a service industry that is closely related to the domain. For a service industry that is less closely related, however, only a portion of the companies in the industry or even only part of the economic activities of the companies is related to the domain. Taking the tourism, convention and exhibition services domain as an example, it includes all services of convention and exhibition organisers, short-term accommodation services and services of travel agents, and some of the services (only those involving visitors as customers) of restaurants, retailers and transport operators.

The classification of service industries follows the Hong Kong Standard Industrial Classification Version 2.0, which is used in various economic surveys for classifying economic units into relevant industry classes.

Photo source: reference image

Photo source: reference image

More detailed statistics are given in the report "Quarterly Business Receipts Indices for Service Industries, Second Quarter 2026". Users can browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080006&scode=520).

For enquiries about the business receipts indices, please contact the Business Services Statistics Section of the C&SD (Tel: 3903 7274 or e-mail: business-receipts@censtatd.gov.hk).

Fatal traffic accident in North Point

Police are investigating a fatal traffic accident happened in North Point today (November 9), in which a man died.

At about 8.13am, a bus driven by a man was travelling along King’s Road eastbound. When approaching the junction of Tin Chong Street and King’s Road, it reportedly knocked down a man.

Sustaining serious head and multiple body injuries, the 61-year-old man was rushed to Pamela Youde Nethersole Eastern Hospital in unconscious state and was certified dead at 8.54am.

The 57-year-old bus driver was arrested for dangerous driving causing death and is being detained for further enquiries.

Investigation by the Special Investigation Team of Traffic, Hong Kong Island is underway.

Anyone who witnessed the accident or has any information to offer is urged to contact the investigating officers on 3660 6848.

Source: AI-found images

Source: AI-found images

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