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Hong Kong Bank Deposits Surge to HK$19 Trillion

11/24/2025

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Story summary
  • Hong Kong's bank deposits exceeded HK$19 trillion (US$2.4 trillion) in 2025, according to Financial Secretary Paul Chan Mo-po.
  • Deposits rose 7% in 2024 and 10% in 2025, reinforcing Hong Kong as a safe haven for capital.
  • Financial Secretary Paul Chan Mo-po attributed the growth to global investors reassessing risks and diversifying portfolios amid geopolitical tensions.
  • Major IPOs have attracted investors from the West and Middle East, with expansion plans by international financial leaders.