Chan makes 'super' Davos connections

Marcus Lum

Financial Secretary Paul Chan Mo-po has been advocating Hong Kong's advantages to global business leaders since arriving in Davos, Switzerland, for the four-day World Economic Forum annual meeting.

Chan said he had lunch with leaders from the finance and business sectors.

He added: "I promoted Hong Kong's advantages and value as a 'super-connector' and 'super value-adder' to leaders from large-scale financial, transportation, industrial and tech enterprises around the world."

He also met Gulf Cooperation Council secretary-general Jasem Mohamed Albudaiwi to strengthen trade cooperation, emphasizing that the administration will accelerate the signing of a free trade agreement with the council.

"Hong Kong will actively promote more two-way visits of business delegations with Gulf countries, facilitating the matching of projects in the digital economy and green transformation," he said.

Cooperation in the securities markets, Islamic finance and asset and wealth management will be enhanced.

Chan also met Martin Gilbert, chairman of Revolut - a UK-based fintech company specializing in digital banking.

He said Hong Kong boasts a vibrant fintech ecosystem and serves as the best entry point into the mainland market.

Chan also attended a special address by vice premier Ding Xuexiang.