The S&P Global Hong Kong SAR PMI increased to 52.3 in January 2026 from December’s 51.9, marking the fastest expansion in the private sector since March 2023, driven by a stronger increase in new business inflows. However, business sentiment remained downbeat, with the degree of pessimism the most pronounced in five months.
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Hong Kong Private Sector Growth Nears 3-Year High
The S&P Global Hong Kong SAR PMI increased to 52.3 in January 2026 from December’s 51.9, marking the fastest expansion in the private sector since March 2023, driven by a stronger increase in new business inflows. However, business sentiment remained downbeat, with the degree of pessimism the most pronounced in five months.