TOPIC
 / people

Paul Chan

Illustration: Lau Ka-kuen

Many Hong Kong small businesses are on the brink of collapse. Can they be saved?

SMEs are struggling with cash flow, loss of business and an exodus of investors.

SMEs are struggling with cash flow, loss of business and an exodus of investors

18

Hong Kong HK$50 billion Silver Bonds issue a ‘win-win investment’: Paul Chan

Hong Kong’s Cathay completes HK$1.53 billion warrant buy-back from government

5

Hong Kong to ramp up promotion of mega events to help boost economy: Paul Chan

Financial Secretary Paul Chan upbeat on role of tourism in driving economy while lawmaker urges government to urgently throw struggling businesses a lifeline.

7
Financial Secretary Paul Chan recently returned from his official visit to Australia to strength business ties. Photo: Handout

Hong Kong can be greater than sum of its sporting parts, events experts tell forum

Finance chief Paul Chan tells Post forum that ‘shaping tourism with cultural activities and promoting culture through tourism’ critical to ensuring city attracts new visitors.

Hong Kong’s Kai Tak Sports Park a cultural asset for promoting tourism: Paul Chan

Speaking at South China Morning Post summit on Friday, finance chief says sports should combine with business events to promote Hong Kong tourism.

Advertisement
Advertisement

Financial secretary pledges more financial connections with mainland

Minister hinted at the launches of more links that will better connect Hong Kong markets with those on the mainland.

Financial Secretary Paul Chan spoke to a forum in Shanghai on Thursday. Photo: Bund Summit

Hong Kong’s Paul Chan calls for more trade with Australia beyond lobsters, wine

Financial Secretary Paul Chan to promote city’s emerging industries in his first official visit to Australia in six years.

4

Hong Kong’s export performance will help sustain growth momentum, Paul Chan says

Financial secretary also says export performance has continued to improve in key markets such as Vietnam, Thailand and US.

Editorial | Pledge for fairer and quicker Hong Kong loan access a needed shot in the arm

Move is an essential platform for sustainable recovery by small and medium-sized businesses from economic pressures beyond their control.

Eleven Hong Kong banks have pledged to provide quicker access to loans for small and medium-sized businesses. Photo: Bloomberg

HKIC-backed Spark, Thailand’s Bangchak tie up for 1,000 EV charging stations

HKIC’s maiden overseas initiative will help Thailand’s green transformation with cutting-edge technologies developed by Hong Kong firms, Financial Secretary Paul Chan says.

videocam
Dignitaries attend a ceremony to launch a partnership between the HKIC and Spark. (From left) Spark COO Voravee Plookcharoen, Thai consul-general Chaturont Chaiyakam, Financial Secretary Paul Chan, HKIC CEO Clara Chan and Spark CEO Vincent Yip. Photo: Xiaomei Chen

Hong Kong Monetary Authority to create task force to support SMEs repaying loans

Industry leaders express doubts over plan’s effectiveness and say businesses might fear that banks will cancel loan agreements.

Hong Kong’s John Lee pledges support for SMEs, says economy will improve in 2025

City leader holds first town hall meeting for coming policy address, with 120 residents attending closed-door event.

10

Exclusive | Turkish diplomat calls for more flights between country and Hong Kong

Turkish Consul General Kerim Sercan Evcin highlights ‘huge potential’ for closer ties and increased trade between country and Hong Kong.

4
The Turkish consul general in Hong Kong has called for closer ties between the city and his country, including its biggest city, Istanbul (pictured). Photo: Shutterstock

Hong Kong’s video gaming sector to get a boost from growing adoption of GenAI

City stands to benefit as this development burnishes its credentials in AI-powered entertainment.

Hong Kong Financial Secretary Paul Chan said the government is “actively supporting digitainment development”. Photo: Handout

Hong Kong keeps 2024 growth forecast as economy expands 3.3% in second quarter

Economy should continue to grow for remainder of the year, but faces challenges such as geopolitical tensions, government says.

4

Opinion | A HKEX shift into data and connectivity could put Hong Kong on top again

From Nasdaq to the LSE, data is no longer a business by-product but an asset that can power the next generation of global capital markets.

videocam
Advertisement
Advertisement

Hong Kong must be ‘3 centres, 1 hub’ as stated in China’s third plenum: Paul Chan

City must position itself as international centre for finance, shipping and trade, and a major talent hub, finance chief says in blog post.

Kwai Chung Container Terminal. Finance chief Paul Chan has all called for the city to focus on growing sectors such as smart and green shipping. Photo: Jelly Tse

Beijing’s top man on Hong Kong says Xi letter ‘a call to action’ for business

In a rare move, Xi Jinping wrote a letter replying to Hong Kong business leaders who are descendants of pioneering Ningbo-born entrepreneurs in the city

videocam
8

Finance chief praises Hong Kong Olympians’ spirit, urges firms to ‘seize moment’

Financial Secretary Paul Chan says companies can create new opportunities if they pool resources and flexibly innovate.

videocam

A steady hand in rough Hong Kong monetary waters

Eddie Yue Wai-man’s reappointment for a second five-year term as head of the Hong Kong Monetary Authority is good news. Yue has amply proved himself over the past five difficult years. The next five years will be just as challenging, if not more so.

Eddie Yue Wai-man, reappointed for a second term as chief executive of the Hong Kong Monetary Authority, must demonstrate the city’s continuing vitality as a world-class financial hub while maintaining confidence in the viability of the US-HK dollar peg. Photo: Dickson Lee

Hong Kong set to post growth for second quarter, as exports expand 12.5%

City will also cultivate new productive forces, finance chief says, but economists caution against excessive optimism.

The government is due to reveal the advanced estimate for the second quarter’s GDP figure on Tuesday. Photo: Sam Tsang

Can Hong Kong try to copy Silicon Valley’s ways to create more technopreneurs?

Tech start-up veterans underline missing elements for Hong Kong off the back of finance chief Paul Chan’s visit to US.

14

First Hong Kong e-commerce festival to help city brands expand to be held

Financial Secretary Paul Chan says ‘considerable room for growth’ in e-commerce and new festival will boost profile of city businesses on mainland.

Hong Kong government fund partners with Beijing humanoid robot maker Galbot

Hong Kong Investment Corporation is partnering with the start-up to create the HK-Galbot Embodied AI Lab, with prioritisation for the city as an IPO destination.

Beijing-based start-up Galbot demonstrates its humanoid robot at a signing ceremony for a new partnership with Hong Kong Investment Corporation on July 19, 2024. Photo: Dickson Lee

Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme

A total of 85 ETFs will be added for trading in the northbound direction and six in the southbound direction, with the expanded list to take effect from July 22.

Stock exchanges in Hong Kong and mainland China have expanded the list of ETFs eligible for trading under the cross border Stock Connect scheme. Photo: Bloomberg

Steady fund flows have bolstered Hong Kong’s financial hub status: SFC

Hong Kong-domiciled funds saw net fund inflows of HK$33 billion (US$4.2 billion) in the first quarter, following a 93 per cent jump last year, the SFC data showed.

Hong Kong’s Cathay Pacific urged to improve as third runway boosts capacity

Secretary for Transport and Logistics Lam Sai-hung says city cannot wait for Cathay recovery; other airlines lobbied to maximise traffic through airport.

61
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Paul Chan
Paul Chan Mo-po is Hong Kong's financial secretary. An accountant and the former president of the Hong Kong Institute of Certified Public Accountants (HKICPA), he was appointed development secretary by Chief Executive Leung Chun-ying after the resignation of Mak Chai-kwong following a housing allowance scandal. In July 2013, Chan was accused of a conflict of interest when it was revealed that he or his family had an interest in a plot of land in the New Territories that the government had plans to develop. In January 2017, he was named to his current position.
last updated:
25 August, 2024
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement