The Financial Services Authority released the latest statistics, approved institutions' total deposits rose 1.1% in May, with Hong Kong dollar deposits and foreign currency deposits rising 0.3% and 1.8% respectively. Total deposits for the first five months and Hong Kong dollar deposits rose by 3.2% and 0.9% respectively. Hong Kong's RMB deposits in May increased by 4.2%, reaching RMB 1,134 billion at the end of May, mainly reflecting the flow of corporate funds. The total amount of RMB settlement for cross-border trade in the month was RMB 1,183.2 billion, compared to RMB 1,257 billion in April.

Total loans and advances fell by 0.4% in May and a cumulative decline of 2.4% for the first five months. Loans denominated in Hong Kong dollars (including trade finance) and loans used outside Hong Kong fell by 0.3% and 0.7% respectively in May. Due to the rise in Hong Kong dollar deposits and the fall in Hong Kong dollar loans, the Hong Kong dollar loan-to-deposit ratio fell from 82.1% at the end of April to 81.4% at the end of May.

Hong Kong dollar money supply M2 and M3 also rose by 0.4% in May, up 1.5% from the same period last year. The seasonally adjusted Hong Kong dollar money supply M1 fell by 0.1% in May compared to the same period last year, reflecting some investment-related activity. The total supply of M2 and M3 increased by 1.2% in May, with M2 and M3 both rising 7.8% compared to the same period last year.