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.
Hong Kong is proactively working to strengthen its position as a leading international financial centre, with HKEX reviewing feedback on new measures. The city is also developing its commodities ecosystem, using gold as a strategic entry point, with plans for expanded storage, refinery capacity, and reactivating a US dollar gold futures contract.
Hong Kong's Financial Secretary Paul Chan Mo-po is reviewing the Cross-boundary Wealth Management Connect scheme to allow mainland Chinese investors access to a wider range of products, potentially including higher-return, higher-risk options. This comes as the city marks the anniversary of its return to Chinese rule.
Hong Kong's Financial Secretary Paul Chan revealed plans to strengthen the city's role as an offshore yuan hub next month, aiming to increase listed firms trading in renminbi and expand yuan investment products. Chan defended the city's financial center status, highlighting its gateway function for mainland Chinese IPOs.
Hong Kong is increasingly seen by mainland Chinese tech firms as a "strategic adaptation ground" for global expansion, according to the city's finance chief. These companies are leveraging Hong Kong for international capital, talent, and brand building to become true multinational enterprises.
Mainland Chinese tech firms are leveraging Hong Kong as a "strategic adaptation ground" to evolve into multinational corporations. By attracting international capital and talent, and developing global brands and sales networks, these companies are establishing new growth engines and connecting to global markets, governance, and R&D.
City & Guilds former CEO Kirstie Donnelly and finance chief Abid Ismail allegedly awarded themselves nearly £3m in unauthorized bonuses following the £166m sale of the vocational charity. An internal investigation found the payments breached duties and caused reputational harm, with PeopleCert seeking recovery of the funds and making referrals to authorities.
Hong Kong's Financial Secretary Paul Chan stated the Middle East war has had a limited impact on local inflation, citing the city's service-based economy and stable energy from mainland China as mitigating factors.
Hong Kong considers launching an offshore renminbi venture fund to invest in cutting-edge tech and emerging industries, supporting yuan internationalisation.
Hong Kong Financial Secretary Paul Chan sees strong potential for Europe-Asia cooperation, leveraging Hong Kong's financial and locational advantages to bridge markets in trade, investment, and innovation. Chan highlighted Hong Kong's role in facilitating European access to China and the Asia-Pacific, and vice versa, particularly in supporting tech innovation and digital assets.
Hong Kong's Financial Secretary Paul Chan urged deeper cooperation with Europe, citing pragmatic opportunities in trade, investment, and innovation. He noted European interest in Hong Kong's financial market and a desire to diversify away from US dollar assets.
Hong Kong's finance chief, Paul Chan, noted a significant shift in French investor sentiment, citing strong market performance and an improved geopolitical climate, particularly following Donald Trump's visit to Beijing.
Hong Kong Financial Secretary Paul Chan began a five-day European tour in Paris to attract global capital. He met with the French asset management association and a think tank, signaling interest in expanding Hong Kong's financial hub status.
Richard Adam, Zafar Khan and three others are also fined by Financial Reporting CouncilBusiness live – latest updatesFive former executives at the collapsed government contractor Carillion have been bannedby the UK’s accountancy regulator, effectively ending the career of its former finance chief, after they “acted recklessly”.Before Carillion collapsed into compulsory liquidation in January 2018 – one of the biggest corporate failures in UK history – it was a large multinational construction and facilities management services company and employed 43,000 people around the world. Continue reading...
The battery recycling and energy storage company has hired former Tesla finance chief Deepak Ahuja, reuniting him with former Tesla CTO JB Straubel.
SEJONG, May 11 (Yonhap) -- Finance Minister Koo Yun-cheol said Monday the tempor...
SEJONG, May 11 (Yonhap) -- Finance Minister Koo Yun-cheol said Monday the tempor...
Hong Kong recorded a 17 per cent growth in investment in the first quarter of the year driven mainly by machinery purchases and construction-related activities, according to the city’s finance chief, reflecting a steadily improving property market. Financial Secretary Paul Chan Mo-po on Sunday acknowledged a gap in perceived economic growth among residents working in different sectors as the city recorded its fastest quarterly GDP rise in nearly five years of 5.9 per cent. But he remained...
SEOUL, May 8 (Yonhap) -- Finance Minister Koo Yun-cheol said Friday the economy ...
SEOUL, May 6 (Yonhap) -- Finance Minister Koo Yun-cheol said South Korea's stock...
SEOUL, May 6 (Yonhap) -- Finance Minister Koo Yun-cheol underscored the importan...
SEOUL, May 5 (Yonhap) -- South Korean Finance Minister Koo Yun-cheol and Uzbek P...
Hong Kong's economy is expected to see its strongest quarterly growth in five years, driven by a 17% rise in visitor numbers and increased retail and catering activity, according to Financial Secretary Paul Chan Mo-po.
SEOUL, April 30 (Yonhap) -- Finance Minister Koo Yun-cheol will attend a series ...
