The business receipts of all service industries rose in value in the second quarter over the same period last year. Among them, financing industry business receipts grew 53.6% and those for the real estate and banking industries rose 33.4% and 32.4%.

The Census & Statistics Department said the increase for the financing (except banking) industry was mainly fuelled by the buoyant local stock market, while that of the real estate industry was mainly attributable to brisk trading activity in the property market. As for the banking industry's rise in business receipts, it was mainly due to the continuous growth of non-interest income.

Other service industries that recorded more notable increases in business receipts included storage (+23.9%), insurance (+21.3%), hotels (+12.7%), business services (+12.1%) and restaurants (+11.7%).

Analysed by service domain, business receipts of the tourism, convention and exhibition services domain rose 15.5%, attributable to the growth in inbound tourism, while that of the computer and information services domain grew 7.1%.

Comparing the quarter with the previous one, business receipts of most service industries recorded increases.  Among them, larger increases were recorded in the financing (except banking) (+18.3%), banking (+11.7%), import and export trade (+10.9%) and real estate (+10.3%) industries.

However, among service industries which recorded falls in business receipts, a larger decrease was recorded in the film entertainment industry (-3.8%).