Paul Chan

Hong Kong allocates $65m for workforce development

Hong Kong allocates $65m for workforce development

Schools are also launching new programmes for aviation and finance.
5 days ago

Government to launch new hydrogen certification system

It will align the region with Mainland China and international markets.
6 days ago

Hong Kong eases stamp duty and eyes gold tax incentives

They will also help set up a trade association for the gold industry, said FS Chan.
6 days ago

Hong Kong to overhaul tax regime to attract more family offices

The amendment bill will be introduced in the first half of 2026.
6 days ago

Hong Kong to revise listing req’s and IPO process: FS Chan

Authorities will introduce reforms like an enhanced regulatory regime for listed companies.
6 days ago

Hong Kong doubles RMB business facility to $227.27b in global RMB push

They seek to increase RMB bond issuance and increase cross-border RMB transactions.
6 days ago

Hong Kong welcomes 18 new businesses

GlaxoSmithKline and Goertek Microelectronics are amongst the new entrants.

HKMA and AIIB to support emerging Asia venture capital

The partnership aims to develop innovative, green and technology-enabled infrastructure.The Hong Kong Monetary Authority (HKMA) and the Asian Infrastructure Investment Bank (AIIB) signed a partnership agreement to support venture capital (VC) in emerging markets in Asia, 26 June 2025.They will invest in a portfolio of VC funds to develop innovative technologies and business models for green and technology-enabled infrastructure in Asia’s emerging economies.“Energy transition and infrastructure development of the Global South require substantial financial investment and support from technological applications,” said Paul Chan, Financial Secretary of Hong Kong, “together with AIIB, we will keep promoting Hong Kong’s established ecosystem for VCs and innovators across the region.”

190,000 public houses to be completed over next 5 years

About 17,000 private housing units will be built per year over the same period.

Hong Kong halts sales of commercial sites

But this move “will be effective for the next five years only," a property analyst said.

Economy to grow 2.9% annually from 2026-29: FS Chan

Inflation rate is forecasted to be 1.5% in 2025.

Hong Kong to build $1b AI Research & Development Institute

The institute will be formed by the Digital Policy Office.

HKMA advises banks on flexibility with SME collateral

HKMA urged banks to be flexible, even if collateral values have declined.

Rollback of property cooling measures to spur sales, but no silver bullet to recovery

Analysts estimate up to a 15% sales increase, although prices may still fall in 2024.