The Latest Breaking News from Paul Chan

Hong Kong to open first convenience store operated by humanoid robot in AI push

Hong Kong will soon open its first convenience store operated by a humanoid robot as part of the city's push to integrate AI into everyday life and deepen residents' understanding of the technology, the finance chief has said.

Bangkok Post · Jun 8

Hong Kong Sees 3.1% Growth In Second Quarter

Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take advantage of US tariff easing.

International Business Times · Jul 31, 2025

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

The Middle East missed Asia's rise the first time around. They don't want to miss out again.

Fortune · Apr 21, 2025

RMB-denominated shares debut in Hong Kong as China's global yuan push picks up

As of Monday, investors can now trade in shares in two dozen companies, collectively worth $1.5 trillion, in either the Hong Kong dollar or the Chinese yuan.

Fortune · Jun 19, 2023

Hong Kong government announces measures to lure wealthy family offices

Hong Kong's government announced a series of measures on Friday to attract wealthy family offices to set up in the financial hub as authorities try to restore business confidence and investor allure after three years of severe COVID-19 rules.

Reuters · Mar 24, 2023

Hong Kong unveils US$97bn recovery budget

HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

Bangkok Post · Feb 22, 2023

Hong Kong hands out cash, cuts duties in budget despite larger deficit

Hong Kong is set for back-to-back deficits but will give cash handouts and offer some help to first-time home buyers to help the economy recover from prolonged COVID-19 restrictions, the city's government announced in its budget on Wednesday.

Reuters · Feb 22, 2023

Covid-19 Rules Take Shine Off Hong Kong's Bid to Reopen

Hong Kong will attempt to show it is back in business with a financial summit and premier rugby tournament this week, as strict pandemic controls have led to an exodus of talent and business from the city.

Bangkok Post · Oct 31, 2022

Hong Kong finance chief stuck in Saudi Arabia after catching COVID

Hong Kong's Financial Secretary Paul Chan tested positive for COVID-19 during a visit to Saudi Arabia and will stay there for a "short while" to observe health requirements, the city's government said on Thursday.

Reuters · Oct 27, 2022

Hong Kong tries to stop brain drain

HONG KONG: Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that has threatened the city’s status as an international financial hub.

Bangkok Post · Oct 13, 2022