Hong Kong’s securities regulator expects to post a surplus of HK$1.49 billion in the 2026–27 financial year, saying it has no need to seek legislative funding and no plans to change trading levy rates.
In a paper submitted to the Legislative Council’s Panel on Financial Affairs, the Securities and Futures Commission said its reserves are projected to rise to HK$10.95 billion by the end of March next year.
The regulator forecasts revenue of HK$4.15 billion for the coming financial year, up 2.8 percent from the current year’s estimate. This includes HK$260 million in annual licensing fees. The SFC assumes average daily turnover in the securities market will reach HK$256 billion, a 2.4 percent increase from last year.
It expects operating expenses to rise 9.1 percent to about HK$2.66 billion in the next financial year, with an average pay increase of 3 percent, and plans to add 18 new positions, bringing total headcount to 1,055.
The government urged the SFC to continue exercising tight cost control while improving efficiency through internal resource reallocation and process optimisation.
