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Paul Chan

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

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

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

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.

The finance minister has been exerting pressure on banks to ease liquidity problems faced by SMEs. Photo: Sam Tsang

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.

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.

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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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The travel permit scheme for permanent residents with foreign passports was announced earlier this year. Photo: Dickson Lee

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.

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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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.

The Cepa trade deal will help Hong Kong companies gain a foothold across the border in seven sectors including film, finance chief Paul Chan says. Photo: Elson Li

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’.

Finance minister Paul Chan (front row, left) and Ministry of Commerce deputy international trade representative Li Yongjie (front row, right) at the signing on Wednesday. Photo: Eugene Lee

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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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.

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.

Securities and Futures Commission CEO Julia Leung says the launch of ETFs tracking Hong Kong stocks on the Saudi stock exchange will strengthen ties between the two sides. Photo: Jonathan Wong

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.

The government identifies four industries as having strategic importance to the future development of Hong Kong, including artificial intelligence and data science. Photo: Edmond So

Letters | Hong Kong should be proud to be a Chinese city

Readers discuss the idea that Hong Kong is not ‘just another Chinese city’, the recent stock market rally, and a report on wealth inequality.

Opinion | Hong Kong cannot afford to lose its entrepreneurial spirit

We owe it to ourselves and our city to think big, take risks and hold ourselves to a higher standard – and take our hats off to those who do.

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Hong Kong’s latest Silver Bond sale starts strong

As interest rates have begun to fall, the guaranteed 4 per cent yield of the US$6.4 billion in bonds looks better by comparison.

Elderly residents rest in a park in Cheung Sha Wan, Hong Kong on August 16, 2023. Photo: Jelly Tse

UK, Spain ‘keen to tap Hong Kong financial services’ to grow Asia presence

Finance chief Paul Chan says countries’ political and business sectors weighing how to leverage city’s advantages as he returns from Europe.

Hong Kong finance chief Paul Chan meets top UK officials in London

Paul Chan also seeks to defend local business environment by saying Hong Kong ‘will never be just another Chinese city’.

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Hong Kong’s Paul Chan pushes for global tech start-up summit to be hosted in city

Financial Secretary Paul Chan sits down with organisers of South Summit during visit to Spain – the first leg of his European tour.

Hong Kong hopes to attract more high-level events to help it become a global tech hub. Photo: Eugene Lee

Paul Chan vows to champion Hong Kong market, diversify funding sources

Financial secretary also says extent of Hong Kong’s alignment with US rate cut will depend on ‘local capital flows and market conditions’.

Hong Kong’s stock market has rebounded to its highest level in more than two months. Photo: Bloomberg

Hong Kong’s Paul Chan goes on tech charm offensive to deepen ties with UK, Spain

Post learns meetings with British officials might be on the cards for finance chief as he leads tech-focused delegation to Europe.

Hong Kong interest rate cut gives small businesses ‘more room for survival’

Lower rates will not only reduce financing costs but revive investor confidence and spending sentiment, experts say.

Editorial | US interest rate cut is welcome but many challenges remain for China

China – including Hong Kong – is not out of the woods yet, even with the 50 basis point reduction by America’s central bank.

A sign posted outside a Jordan real estate agency says it is a good time to enter the market after the US Federal Reserve cut its benchmark interest rate. Photo: Jelly Tse

Beijing IT chief backs Hong Kong to build ‘new productive forces’ in new deal

Jin Zhuanglong says agreement will bring Hong Kong, Beijing authorities closer on advanced manufacturing, new energy, biomedicine and more.

Chief Executive John Lee (second from left) and industry and IT minister Jin Zhuanglong (second from right) at a signing ceremony for the deal. Photo: ISD

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.

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

Financial Secretary Paul Chan says bonds will offer elderly residents a safe and reliable place to park their money.

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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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