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Acting Hong Kong finance chief deflects talk Beijing won’t elevate him to succeed John Tsang

Professor Chan Ka-keung insists he is focusing on ‘working on the budget’

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Acting finance chief Professor Chan Ka-keung at the Convention and Exhibition Centre in Wan Chai on Monday. Photo: Jonathan Wong

Hong Kong’s acting financial minister described himself as a team player willing to do whatever necessary to coordinate the government’s work amid speculation Beijing could appoint the city’s development minister as financial chief as early as this afternoon.

Professor Chan Ka-keung, who has been secretary for financial services and the treasury since 2007, also said he and his colleagues in the treasury bureau had been preparing for the city’s annual budget to be unveiled on February 22. He expressed confidence their work could be completed on schedule.

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Financial Secretary John Tsang Chun-wah tendered his resignation on December 12 in an expected bid for the city’s leadership race on March 26.
Since December 12, Chan has served as the city’s acting financial chief. However, the central government was expected to name development minister Paul Chan Mo-po as Tsang’s official successor, based on the recommendation of Chief Executive Leung Chun-ying.
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Chan sidestepped a question on Monday whether he would feel “disrespected” if he was not elevated to the position of financial secretary.

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