12 h. ago Hong Kong’s Paul Chan expects tourism sector to make robust recovery in 2025

Hong Kong’s finance chief expects the tourism sector to make a robust recovery this year, citing the 10 and 18 per cent year-on-year growth in the number of mainland Chinese and international visitor arrivals recorded in the first five months. Financial Secretary Paul Chan Mo-po also said he was confident the figures would continue to go up, partly thanks to a series of mega-events set to be held throughout the year. In his weekly blog on Sunday, he noted that the city recorded about 20 million...

Politics

7 d. ago ‘Credible’ new global mediation body will draw investors to Hong Kong: Paul Chan

The new International Organisation for Mediation launched in Hong Kong will be an efficient, fair and credible mechanism for dispute resolution and attract investors from the Global South as the economy shifts towards these developing countries, the city’s finance minister has said. Financial Secretary Paul Chan Mo-po said on Sunday the inauguration of the China-led body on Friday established Hong Kong’s role as the global legal and mediation centre for the Asia-Pacific region. “An efficient,...

Economics

2 w. ago Hong Kong to be global hub for ‘patient capital’ by nurturing tech start

City will support tech start-ups with long-term investments and strategic partnerships, Chan says.

Science

2 w. ago Hong Kong to be hub for ‘patient capital’ by nurturing start

Hong Kong is in a prime position to be a global hub for “patient capital”, an investment strategy that takes a longer view and is driven by “purpose and impact”, as it continues to advocate for technology start-ups, Financial Secretary Paul Chan Mo-po said on Thursday. Patient capital plays a critical role in supporting innovation, though it carries higher risks because of extended time frames and uncertain outcomes, Chan said at the inaugural International Forum for Patient Capital hosted by...

Politics

3 w. ago Hong Kong will weather tariff storm, finance chief says, touting ‘brisk’ IPO market

Paul Chan confident city heading in right direction and points to coming listing of mainland new energy firm, set to be world’s biggest of year so far.

Economics

4 w. ago Hong Kong will ‘play it safe’ with growth figures due to US tariffs: Paul Chan

US tariffs have huge impact, with ‘major uncertainties over the economic outlook’, Financial Secretary Paul Chan says.

Politics

4 w. ago Hong Kong will ‘play it safe’ with growth figures amid US tariff war: Paul Chan

US tariffs have huge impact, with ‘major uncertainties over the economic outlook’, Financial Secretary Paul Chan says.

Events