News list for " Financial Secretary"
On February 21, according to Hong Kong media Ming Pao, Hong Kong Deputy Financial Secretary Huang Weilun said that the Hong Kong government will further improve the supervision and framework of virtual assets, continue to promote the wider application of tokenization technology in capital markets, improve the development of relevant systems and formulate industry standards. In addition, Hong Kong is active and promising in the development of financial technology. For example, in October last yea...
Hong Kong's financial secretary, Paul Chan, said in a keynote speech at the Consensus HongKong 2025 conference that the city "will maintain a stable, open and vibrant digital asset market," Cointelegraph reported.
According to Cointelegraph, Hong Kong Financial Secretary Paul Chan said in a keynote speech at the "Consensus Hong Kong 2025" conference that with the continued development of the Web3 ecosystem, Hong Kong will maintain a stable, open and vibrant digital asset market. Chan Maobo pointed out that Hong Kong is investing heavily in related infrastructure and talent training. At present, the Hong Kong Cyberport has gathered more than 270 blockchain enterprises, and more than 120 new ones have been ...
Hong Kong Financial Secretary Paul Chan said at the 2025 Consensus conference that the integration of artificial intelligence (AI) and blockchain is exciting. Decentralized AI can unlock many new applications and opportunities. Blockchain technology not only reduces transaction costs, but also improves market transparency, efficiency and access to financial services. Chan Maobo warned that rapid technological innovation is not without challenges. When the speed of innovation exceeds the regulato...
Fourteen members of Hong Kong's Legislative Council C15 + met with Financial Secretary Paul Chan and other officials on the afternoon of February 6 to discuss the new budget. Among them, Legislative Council Member Ng Kit-chuang put forward a total of 22 proposals in five areas, including the development of the Web3 industry. In terms of Web3 industry support, Wu Jiezhuang proposed to continue the development direction of the 2023/24 budget and put forward two key measures: First, invest 50 milli...
The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, said that in the past year, after building a strong barrier to safeguard national security, all sectors of Hong Kong society have focused on the economy and pursued development, achieving a steady and forward trend. In 2024, Hong Kong's annual economic growth is expected to be 2.5%, the unemployment rate will remain at a low level, inflation will be moderate, and people's income will increase in real te...
The Financial Secretary of Hong Kong, Paul Chan, released an essay by the Secretary, in which he said that last week he led a delegation to Riyadh, Saudi Arabia, which was fruitful. The Hong Kong Monetary Authority and the Saudi Arabian Public Investment Fund (PIF) signed a memorandum of understanding to jointly set up a US $1 billion investment fund to invest in the Saudi business of Hong Kong and Guangdong-Hong Kong-Macao Greater Bay Area companies in the fields of manufacturing, renewable ene...
According to Hong Kong media reports, Hong Kong Financial Secretary Paul Chan said that since the digital asset policy declaration was issued two years ago, there have been a number of progress in the short term, including the introduction of regulatory requirements for virtual asset trading platforms. So far, three operators have been licensed. It is expected that several more licenses will be issued before the end of this year. This year, the Hong Kong government plans to promote legislation o...
The Financial Secretary of Hong Kong, Paul Chan, said that under the leadership of Dr. Wong, the Securities Supervision Commission will continue to implement the dual roles of regulator and market development promoter to ensure the fair, transparent and orderly operation of the local securities and futures markets, and focus on reform and innovation to consolidate and enhance Hong Kong's status as an international financial center. The Hong Kong Securities Supervision Commission has also continu...
The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, said on the 9th that there is still a large funding gap in the global low-carbon transformation process, which brings unique opportunities for Hong Kong to develop transformation finance, and Hong Kong will accelerate its efforts to become a leading transformation financial center in Asia. Chen Maobo said at the annual forum of the Hong Kong Green Finance Association held on the same day that Hong Kong...
