"Busyness belongs to others" Small and medium-sized banks listed in Hong Kong frequently have zero trading volume.

On July 23, the Hong Kong stock market continued its upward trend, with the Hang Seng Index rising by over 27% year-to-date, significantly outperforming major global stock indices and hitting a three and a half year high. In terms of trading volume, the average daily turnover of Hong Kong stocks in the first half of the year reached HK$240.6 billion, an increase of over 80% compared to the daily turnover of HK$131.8 billion in 2024. However, for most small and medium-sized bank stocks listed in Hong Kong, the market remains lackluster with some stocks having little to no trading activity. On July 23, among the Chinese banks listed on the Hong Kong stock market, 2 banks had zero turnover, 2 banks had turnover of less than HK$10,000, and 4 banks had turnover of less than HK$100,000. These banks with low trading activity are all regional banks with market capitalizations of less than HK$30 billion.