Paul Chan to visit Beijing with finance regulators
Hkgov · 1 SOURCESabout 1 hour ago2 MIN
Summary
Financial Secretary Paul Chan will depart for Beijing on Sunday afternoon for meetings with the Ministry of Finance and other central ministries, commissions and financial regulatory authorities. He will be accompanied by Secretary for Financial Services & the Treasury Christopher Hui, Hong Kong Monetary Authority Chief Executive Eddie Yue and Securities & Futures Commission Chief Executive Officer Julia Leung. The visit will run until Tuesday afternoon, when Mr Chan is scheduled to return to Hong Kong. During the trip, Deputy Financial Secretary Michael Wong and Under Secretary for Financial Services & the Treasury Joseph Chan will take up acting duties for the two principal officials
Key Points
- Paul Chan will leave for Beijing on Sunday afternoon to visit the Ministry of Finance and other central ministries, commissions and financial regulators
- Christopher Hui will join the trip alongside HKMA Chief Executive Eddie Yue and SFC Chief Executive Officer Julia Leung
- The official announcement said the delegation's programme includes visits to central ministries, commissions and financial regulatory authorities in the capital
- Paul Chan is scheduled to return to Hong Kong on Tuesday afternoon after completing the Beijing visit
- While Chan and Hui are away, Michael Wong will act as Financial Secretary and Joseph Chan will act as Secretary
Why It Matters
The line-up of Hong Kong's top finance and market officials indicates the Beijing trip is focused on high-level financial and regulatory engagement between the city and central authorities. For Hong Kong readers and market participants, the acting arrangements also show the government has put interim leadership in place across key economic and treasury portfolios during the two-day visit