UK, Spain keen to tap Hong Kong’s financial services to grow Asia presence, Paul Chan says
Finance chief Paul Chan says countries’ political and business sectors weighing how to leverage city’s advantages as he returns from Europe
Political and business sectors in the UK and Spain have shown interest in Hong Kong’s traditional and emerging financial services, a top minister has said after wrapping up his week-long visit to the two countries.
Financial Secretary Paul Chan Mo-po said on Sunday that the two countries were eager to learn how to make use of the city to expand their commercial presence throughout the rest of China and Asia.
The minister also urged society to remain committed to future development drives as financial market sentiment improved and the 75th anniversary of the country’s founding approached.
He recently returned from leading a tech delegation on a seven-day visit to Spain and the United Kingdom, with the group sharing the city’s latest developments and opportunities involving the Greater Bay Area.
“I also introduced Hong Kong’s traditional and emerging financial services to the political and business sectors in Spain and the UK, and they showed great interest,” Chan wrote in his weekly blog.
The bay area is a national plan to integrate Hong Kong, Macau and nine mainland Chinese cities into an economic powerhouse.
