The Hong Kong Monetary Authority published monetary statistics for September 2025 showing total deposits with authorized institutions increased by 1.3% over the month, while total loans and advances rose by 0.7%. The Hong Kong dollar loan-to-deposit ratio fell to 73.6% at end-September from 74.6% at end-August, as Hong Kong dollar deposits increased while Hong Kong dollar loans were virtually unchanged. Hong Kong dollar deposits and foreign currency deposits increased by 1.4% and 1.3% respectively in September, with total deposits up 10.2% and Hong Kong dollar deposits up 4.1% in the year to end-September. Renminbi deposits in Hong Kong increased by 3.5% to RMB1,001.8 billion and renminbi remittances for cross-border trade settlement rose to RMB1,123.2 billion from RMB996.9 billion in August. Loans for use in Hong Kong (including trade finance) and loans for use outside Hong Kong increased by 0.6% and 0.7% respectively in September, while loans for use in Hong Kong fell by 0.4% over the third quarter of 2025, driven by decreases in building, construction, property development and investment and an increase in lending to financial concerns. Hong Kong dollar M2 and M3 both increased by 1.4% in September and by 4.5% year-on-year, while seasonally adjusted Hong Kong dollar M1 fell by 1.4% in September but increased by 11.5% year-on-year; the release cautioned that monthly monetary statistics can be volatile. The HKMA also published the 2026 release schedule for monetary statistics, with January 2026 data scheduled for release on 27 February 2026 and December 2026 data scheduled for release on 29 January 2027.

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