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Paul Chan

Financial Secretary Paul Chan (second from the left) attends the signing ceremony. Photo: Handout

Firms setting up in Hong Kong shrug off fears over Trump’s return

Another 17 companies agree to establish presence in city, with several saying their investments show their confidence in local economy.

Another 17 firms to set up offices in Hong Kong under push to develop I&T sector

Hong Kong start-ups find warm welcome, big opportunities in Saudi Arabia

Editorial | Welcome AI, but put Hong Kong protections in place

New policy by the Hong Kong government on the ‘responsible’ use of AI is both timely and sensible for an international financial centre.

The Hong Kong government’s move to issue AI guidelines comes after Hongkongers lost more than HK$9.18 billion to financial scammers last year. Photo: Shutterstock

Full-year forecast to be revised as strength in Hong Kong economy peters out

Hong Kong economy grew 1.8 per cent year on year in the third quarter.

Saudi Arabia’s first ETF tracking Hong Kong stocks opens flat on Tadawul debut

Albilad ETF, which tracks 30 Hong Kong-listed sharia-compliant stocks, opened flat at the opening bell.

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Cathay’s Hong Kong-Riyadh flights ‘will unlock business, travel opportunities’

Hong Kong flag carrier has relaunched a direct passenger service to the Saudi Arabian capital Riyadh, with the first flight on Monday.

Paul Chan is leading a delegation to the Saudi Arabian capital. Photo: SCMP

Ex-Hong Kong Cyberport CEO to lead Office for Attracting Strategic Enterprises

Peter Yan’s new role will involve reaching out to at least 350 enterprises by 2025 to encourage them to establish or expand local operations.

Hong Kong seeks deeper I&T ties with Saudi Arabia, Paul Chan says before Gulf trip

Finance chief also says third-quarter figures for economy, to be released this week, ‘not that great’ even as he strikes optimistic tone.

How Hong Kong can compete with Singapore, Dubai in gold trading

Hong Kong has to create a comprehensive gold trading ecosystem, attract international traders, central banks and hedge funds.

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Hong Kong’s Airport Authority has unveiled plans to expand the capacity of its gold vault from 150 tonnes to 1,000 tonnes. Photo: Shutterstock

Hong Kong to keep lobbying Beijing for IPO push, bay area benefits: Paul Chan

Investor confidence has returned to city, finance minister says during trip to US.

Finance chief Paul Chan is on a visit to New York. Photo: ISD

Financial crises have taught Hong Kong how to brace for shocks: Paul Chan

Finance chief tells forum in US that city is ‘back once again with a stable, welcoming and promising business environment’.

Hong Kong’s Paul Chan touts use of bonds to fund public works in Apec speech

Financial secretary meets counterparts at Apec gathering in Peru, ahead of trip to US.

Gold and other commodities markets can drive Hong Kong’s growth: finance chief

Paul Chan notes city is strategically located between mainland China and India – two large consumer markets for gold.

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Hong Kong is hoping to become a global gold trading hub to spur economic growth. Photo: Xiaomei Chen

Hong Kong’s easing of mortgage restrictions targets ‘normality’: Paul Chan

Finance chief also says relaxation of cash-for-residency scheme will not ‘disturb’ market after change to include luxury home purchases.

Authorities have announced the increasing of the loan-to-price ratio to 70 per cent for all properties. Photo: Eugene Lee

Hong Kong home-mortgage tweak creates ‘positive expectation’: Paul Chan

Analysts agree the change will spur buying, but caution a full recovery may take ‘years’ given a glut of new-home inventory.

Hong Kong SMEs facing loan hurdles should contact Monetary Authority: John Lee

Chief executive tells public he instructed Monetary Authority to form task force with banks to deal with individual SME cases.

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Editorial | Lobsters deal whets appetite for better China-Australia ties

Lifting of ban by mainland China on the Australian seafood raises hopes of a continuing improvement in relations between two countries.

Cooked Eastern Rock Lobster is displayed at Sydney Fish Markets in December 2023. China’s trade ban on Australian lobsters is to end after more than three years. Photo: Getty Images

Hong Kong names accounting regulator Kelvin Wong as next SFC chairman

Wong, 63, will serve a three-year term leading the market watchdog starting on October 20, replacing current chairman Tim Lui.

16,000 Hongkongers with foreign passports approved for mainland travel permit

Finance chief Paul Chan shares data as he cites benefits of expanded trade deal with mainland granting special treatment to city’s enterprises, talent.

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Editorial | Hong Kong firms should make most of new Cepa deal to feel benefit

Further expansion of free-trade pact removes barriers for companies in seven Hong Kong sectors wanting to do business in mainland China.

Hong Kong Financial Secretary Paul Chan Mo-po (front, left) and China’s Minister of Commerce, Li Yongjie (front, right), during the signing of an amendment to the Closer Economic Partnership Arrangement (CEPA). Photo: Eugene Lee

Exclusive | Hong Kong market rally ideal for fund managers to tap Middle East, Southeast Asia

With rising turnover on the Hong Kong stock exchange, the timing is right for fund managers to go out to explore new business opportunities, Sam Yu of HKIFA says.

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Sam Yu Chun-Sing, the newly elected chairman of HKIFA is also the head of compliance for Asia-Pacific ex-Japan at Barings Asia. Photo: Sun Yeung

Hong Kong’s film sector hails trade deal with mainland, seeks clarity on details

Relaxation of measures encouraging, but effectiveness of changes depends on details yet to be ironed out, they say.

Hong Kong, mainland China expand Cepa to cover sectors such as tourism, TV and film

Officials sign amendment to Closer Economic Partnership Arrangement, with finance chief Paul Chan hailing move as bringing ‘win-win results’.

Hong Kong’s economy needs help. What can John Lee do?

City leader should prioritise tapping into emerging markets, diversifying the economy and amplifying Hong Kong’s attractiveness, observers say.

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Illustration: Henry Wong

Editorial | Hong Kong story best told through honest and open discussions

Talks in Britain and Spain by Financial Secretary Paul Chan brought much-needed direct engagement with political and business sectors in both countries.

Hong Kong’s finance chief Paul Chan (left) meets with the Governor of the Bank of England, Andrew Bailey, in London on September 26. Photo: ISD handout

Middle Eastern investors set to access Hong Kong shares with 2 ETFs

The SFC has noticed that international investors, who previously were underweight on Hong Kong stocks, have now rushed back into the local market.

10 more strategic firms to set up in Hong Kong, focus on AI, big data: Paul Chan

Finance minister says latest batch of firms attracted under government initiative are from mainland China, US and Europe.

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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.
Born
18 Mar 1955
Industry
Politics
Job Title
Financial Secretary of Hong Kong SAR
last updated:
7 October, 2024
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