Paul Chan

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.

Hong Kong welcomes anti-money laundering report

The report assessed the city’s anti-money laundering system as “compliant.”

Gov’t offers $800m of tokenized green bonds

It is under the government green bond programme.

Government forms task force to promote Hong Kong branding

The task force will be led by Financial Secretary Paul Chan.

Government to provide Hong Kong fresh impetus

This is to boost the city’s economic growth, Financial Secretary Paul Chan said.

Financial stability a priority for Hong Kong: finance secretary

Chan expects more support from mainland China as the latter’s economy recovers.

Hong Kong sets sights on innovation and technology

The government has set aside $10b to enrich the I&T ecosystem.

FS Chan to lead committee on land and housing supply

Chan said his committee will publish a 10-year land supply forecast.

Vouchers to spur private consumption growth, improve employment: FS Chan

The effects of the consumer vouchers will be seen this month.

Hong Kong needs to 'drastically' increase land supply: FS

The housing issue exposes two major problems in the city – income and asset disparity.