Hong Kong Finance Chief to Lead Second Saudi Business Delegation
En resumen
- Hong Kong's Financial Secretary Paul Chan will lead a business delegation to Saudi Arabia later this year, following the city's hosting of the LEAP East 2026 tech conference.
- The trip aims to boost ties and explore collaboration under Saudi Arabia's Vision 2030.
Resumen generado por IA
Por qué importa
Hong Kong's finance chief is leading a business delegation to Saudi Arabia, coinciding with the city hosting a major Saudi tech conference. This initiative aims to strengthen ties with the Middle East.
Hong Kong’s finance chief will lead another business delegation to Saudi Arabia later this year, announcing the news as the city hosted the first overseas edition of one of the kingdom’s top technology conferences as part of efforts to boost ties with the Middle East.
Speaking at the opening ceremony of LEAP East 2026 on Wednesday, Financial Secretary Paul Chan Mo-po also announced that the conference’s Hong Kong edition would continue to be held annually for the next three years.
For his second trip to Saudi Arabia since October 2025, Chan is set to front a delegation comprising representatives from companies focused on infrastructure, green technology, healthcare and advanced manufacturing, as well as professionals from the finance, investment and professional services sectors.
“Your ambitious transformation agenda, “Vision 2030”, inspires me on every visit,” Chan told Saudi officials at the event.
He was referring to the kingdom’s strategic development blueprint, which aims to significantly reduce its economic reliance on crude oil.
“There is enormous potential for us, Hong Kong and Saudi Arabia, to do more together. Both of us are gateways to our respective regions,” Chan said.
He added that Hong Kong’s and Saudi Arabia’s capital markets were already linked through cross-listings of exchange-traded funds.
Qué observar
Perspectiva de IA — posibilidades, no hechos
Hong Kong will continue to host the LEAP conference annually for at least three more years.
Muy probable · En años
Further business delegations between Hong Kong and Saudi Arabia will be organized.
Probable · En meses
Preguntas abiertas
- What specific companies will join the delegation?
- What are the key objectives for the next three years of the conference?
