Coface survey: Late payments continue amid Hong Kong's economic growth

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The Coface APAC Payment Survey 2026 shows that 93% of businesses in Hong Kong experienced late payments over the past 12 months, higher than the Asia-Pacific average of 91%, as economic growth has yet to improve payment behavior. Businesses waited an average of 144 days from product delivery to final payment, with the transportation, energy and agriculture sectors exceeding 160 days. 50% of respondents expect payment conditions to deteriorate further over the next 12 months, while only 14% use a structured, analytics-driven approach to payment risk management.