More Investment In HK's Future Needed: Paul Chan
"); jQuery("#212 h3").html("
"); });
2023-02-19 HKT 11:10
Share this story
Financial Secretary Paul Chan on Sunday said more future investment is needed to strengthen Hong Kong's economic recovery, even as the SAR's financial reserves are under strain.
In his blog, Chan said that the public’s expectations, society's needs and evolving geopolitics have brought new challenges in preparing the upcoming budget.
"The constraints in financial resources would not stop the government from making long-term planning for Hong Kong's development. I am confident and hopeful about the city's future," he wrote.
Chan will announce this year's budget on Wednesday.
XTransfer Partners With Bank SinoPac HK To Expand Cross-Border Payment Services
XTransfer has entered into a collaboration with Bank SinoPac, through its Hong Kong Branch, to expand international ope... Read more
Standard Chartered To Launch Bitcoin And Ethereum Custody Services By 2026
Standard Chartered Bank (Hong Kong) participated in Hong Kong Fintech Week 2025 (HKFTW25) as a strategic partner, annou... Read more
HashKey And Kraken Form Partnership On Institutional Tokenised Assets
HashKey and Kraken have announced a strategic partnership to promote institutional adoption of tokenised assets. The co... Read more
Reap Expands Global HQ With New Office In Hong Kong
Reap, a global fintech company providing stablecoin-enabled financial infrastructure, has expanded its global headquart... Read more
HeyMax Debuts In Hong Kong, Partnering With Cathay To Drive Regional Growth
Loyalty and travel rewards platform HeyMax has made its first international launch in Hong Kong, partnering with Cath... Read more