Paul Chan advocates positioning HK as secure investment hub amid global economic uncertainties

Financial Secretary Paul Chan Mo-po emphasized the need to position Hong Kong as a secure investment destination amid the evolving global economic and trade landscape. 

In his blog on Sunday, Chan highlighted the city's unique advantages, including its status as a free port and adherence to a common law system.

He said the city should consistently advocate for its unique advantages, particularly as a zero-tariff port. 

He noted that with numerous companies increasingly seeking to enhance trade relations between China and emerging markets in Asia, Hong Kong -- as a free port -- is well-equipped to facilitate logistics distribution and cargo storage while also playing a pivotal role in managing supply chains and trade financing among countries and the ASEAN region. 

Additionally, he noted that uncertainties surrounding the policies of the United States authorities have led international funds to expedite risk diversification and seek greater allocation in the mainland and Hong Kong markets. 

He believes that Hong Kong has the potential to assist international investors in attaining a clearer understanding of the opportunities available in both the mainland and the city by hosting more international conferences.

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