The Hong Kong Monetary Authority reported on August 31 that total deposits with authorized institutions rose 0.9 per cent in July 2026, with Hong Kong dollar and foreign currency deposits each up 0.9 per cent. In the year to end-July, total deposits increased 5.8 per cent and Hong Kong dollar deposits 6.2 per cent. Renminbi deposits rose 2.9 per cent in July to RMB1,125.4 billion, while the total remittance of renminbi for cross-border trade settlement was RMB1,383.7 billion, compared with RMB1,277.7 billion in June.

Total loans and advances increased 0.2 per cent in July and 6.6 per cent in the year to end-July. Loans for use in Hong Kong, including trade finance, fell 0.3 per cent, while loans for use outside Hong Kong rose 1.7 per cent. The Hong Kong dollar loan-to-deposit ratio decreased to 70.7 per cent at end-July from 71.5 per cent at end-June, as Hong Kong dollar deposits increased while Hong Kong dollar loans decreased.

Hong Kong dollar M2 and M3 both rose 1.0 per cent in July, and were up 5.6 per cent and 5.5 per cent from a year earlier. Seasonally-adjusted Hong Kong dollar M1 fell 0.5 per cent in July and 0.6 per cent year on year, reflecting in part investment-related activities. Total M2 and total M3 both rose 1.1 per cent in July and 10.2 per cent from a year earlier. The authority cautioned that monthly statistics are subject to volatility from transient factors and that longer-term trends are more appropriate to observe.