Hong Kongers still value credit but fewer say it is very important

The younger generation continues to rely on credit for financial mobility, TransUnion said.

Nearly all Hong Kong consumers said that access to credit and lending products is important in order to achieve their financial goals in Q2 2026, according to TransUnion.

In an online survey of 973 adults between April to May 2026, 96% of respondents said this, with 51% saying that it is extremely or very important in order to achieve their goals. 

However, there were fewer people who placed it as very important, compared to 56% in Q2 2025.

Millennials and Gen X recorded the largest declines in perceived importance, TransUnion said, whilst Gen Z remained comparatively resilient.

This reinforces younger consumers’ continued reliance on credit for financial mobility, the study said.

Amongst consumers, nearly all Gen Z (99%) said that they believe it is important to have access to credit and lending products in order to achieve their financial goals. Millennials followed (98%), whilst Gen X (95%) and Baby Boomers (92%) made up the rear.

Baby Boomers polled had the largest change, with perceived importance rising 11 percentage points (ppts) compared to Q1 2026.