The current trend index of SME earnings in Hong Kong fell to 42.1 in February

The Zhitong Finance App learned that on March 11, the Hong Kong Government Statistics Department today published the results of a monthly statistical survey on the business conditions of small and medium-sized enterprises (SMEs) in February 2025. According to the survey, the current trend index of SME business revenue fell from 43.1 in the contracted region in January 2025 to 42.1 in February 2025, while the business earnings outlook index for the next month (that is, March 2025) is 45.8.

According to industry analysis, the current business revenue trend index for the industries covered by many surveys declined in February 2025 compared to the previous month, particularly logistics (38.5 to 36.3) and retail (down from 41.9 to 39.9).

The current trend index for new orders in the import and export trade industry fell from 46.1 in January 2025 to 45.9 in February 2025, while the new order outlook index for the next month (that is, March 2025) is 47.3.

A Hong Kong government spokesman said that the overall business climate and employment situation of SMEs weakened in February. However, their overall expectations for business conditions in the coming month have improved.

The spokesperson added that on the one hand, uncertainty in the surrounding environment will continue to have a negative impact on the business environment, but on the other hand, it is expected that the global financial situation will ease, the country has introduced a number of measures to boost the mainland economy, and the SAR government actively promotes economic development, and support should be provided. The Government will closely monitor the situation.