December 18, 2024
UK, Spain keen to tap Hong Kong’s financial services to grow Asia presence, Paul Chan says #UKFinance

UK, Spain keen to tap Hong Kong’s financial services to grow Asia presence, Paul Chan says #UKFinance

CashNews.co

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 markets saw significantly improved sentiments 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.

The bay area refers to a national plan to integrate Hong Kong, Macau and nine mainland Chinese cities into an economic powerhouse.