HONG KONG, Sept. 12 (Xinhua) -- Boosted by a buoyant local stock market, business revenues for the financial industry, excluding banking, grew 57.7 percent year on year in the second quarter in Hong Kong, according to the latest statistics revealed Tuesday.

According to provisional figures released by the Census and Statistics Department, Hong Kong's service industries recorded almost an across-the-board rise in business receipts.

Notable year-on-year increases in business receipts were also recorded in other service industries, with banking up 24.1 percent, insurance up 21.3 percent, hotels up 15.4 percent, transport up 12.5 percent and restaurants up 11.1 percent.

Aided by growth of tourism, business receipts of the tourism, convention and exhibition services sector also grew 17.9 percent in the second quarter.

Business for the real estate industry, however, dropped 5.1 percent in the first six months of 2006. The film-entertainment industry's business receipts also fell by 2.9 percent. Enditem