Business confidence in Hong Kong has improved for 2026, despite global uncertainty. This is shown in a survey by the American Chamber of Commerce (AmCham), released on Monday in Hong Kong.
The survey was conducted by a senior manager at AmCham member companies to assess their business plans. More than 50% of respondents said they are positive about the business over the next 12 months. Last year, only 33% felt this way, and this year, that number has improved significantly.
The reports also mentioned tensions in US-China relations. This is due to trade tariffs and political issues. In October last year, US President Donald Trump and Chinese President Xi Jinping met in South Korea. Following the meeting, both agreed to reduce tariffs and strengthen cooperation.
However, some companies still believe that US-China tensions are the biggest problem for their business. About 61% said uncertainty affects their decision, and around 62% said it is hard. Approximately 62% reported that it is becoming difficult to distinguish between doing business in Hong Kong and mainland China.
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Other challenges include navigating trade tariffs and complying with the business rules of both the US and China. The survey was conducted between November 2025 and January 2026.
Despite these challenges, Hong Kong remain a strong business hub. 92% of multinational companies reported that they do not plan to relocate their headquarters out of the city within the next three years.
The Hong Kong government said that rising confidence, along with possible interest rate cuts in the U.S, could help boost spending and investment. However, global uncertainties remain a concern.