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Paul Chan

Paul Chan Mo-po is Hong Kong's financial secretary. An accountant and the former president of the Hong Kong Institute of Certified Public Accountants (HKICPA), he was appointed development secretary by Chief Executive Leung Chun-ying after the resignation of Mak Chai-kwong following a housing allowance scandal. In July 2013, Chan was accused of a conflict of interest when it was revealed that he or his family had an interest in a plot of land in the New Territories that the government had plans to develop. In January 2017, he was named to his current position.

Born

18 Mar 1955

Industry

Politics

Job Title

Financial Secretary of Hong Kong SAR

last updated:

7 October, 2024

Paul Chan

Xi’s vision for Macau, Hong Kong boon to confidence amid geopolitics: Paul Chan

Hong Kong’s finance chief says president’s speech at inauguration of new Macau administration sums up ‘one country, two systems’.

Xi’s speech tasks Macau and Hong Kong with ‘one country, two systems’ mission

Hong Kong lawmakers spent 2 hours on average on each funding plan discussed

Opinion | The problem with Hong Kong officials’ rising salaries

We are facing bleak times, and the government has a perception problem. Will top officials take a pay cut, as previous administrations did?

Hong Kong’s Paul Chan calls for more prudent management of public finances

Finance chief says local economy is undergoing structural adjustment as he launches public consultation for next year’s budget.

Hong Kong expo opens in Victoria Park, as stalls target bargain hunters

Attendees of Hong Kong Brands and Products Expo say they will spend cautiously, as operators brace for impact of economic climate.

Hong Kong’s Paul Chan downplays concerns over undersubscribed infrastructure bond

Financial secretary also says ‘capable developers’ interested in joining Northern Metropolis plan, vows to ensure projects profitable.

Hong Kong US$2.7 billion infrastructure bond offering is undersubscribed

The offering sees underwhelming investor demand, missing expectations.

Hong Kong needs to reform itself quickly, ex-commerce chief Frederick Ma says

Lower IPO listing costs, new attractions such as golf courses and BMW museum needed to boost economy, he says.

How can Hong Kong tackle HK$100 billion deficit? Experts admit no easy answers

The 2024-25 financial year will be third in row for government to record deficit of least HK$100 billion.

Should Hong Kong raise taxes and cut costs to rein in HK$100 billion deficit?

‘End of the tunnel’ not yet in sight, says one commentator, as warnings issued over structural reliance on land sales.

Hong Kong government invests in 80 start-ups as war chest swells

Flush with proceeds from the city’s successful investment-migration scheme, HKIC puts money in local, mainland and overseas start-ups.

Hong Kong doubles deficit forecast to HK$100 billion for 2024-25

Finance chief says soft property market has hit government coffers hard, with income ‘far lower than expected’.

Editorial | Return of multi-entry visas fuels hopes of hitting Hong Kong tourism target

Travel arrangements with mainland China, scrapped by a worried Hong Kong nearly 10 years ago, can expect a different reaction this time.

85 business heavyweights pledge to support Hong Kong’s Northern Metropolis

Enterprises also sign agreements among themselves on related projects, with investment amounting to more than HK$100 billion.

Risks to global economy loom under Trump but Hong Kong will prevail: Paul Chan

Finance chief says Hong Kong and rest of region facing increasing fragmentation of world economy.

Hong Kong tycoons not obliged to invest in Northern Metropolis: No 2 official

Chief Secretary Eric Chan heads delegation with tycoons to Guangdong cities, says trip “purely an introduction and opportunity for exchange”.

Firms to pledge support for Hong Kong’s Northern Metropolis after Beijing’s call

Firms will attend ceremony on Friday to show they intend to take part in the mega development, sources say.

Hong Kong to boost financial reforms to aid Chinese firms: Paul Chan

Amid geopolitical tensions, city can help mainland firms that are struggling to raise funds abroad, financial secretary says.

Hong Kong will grow tech sector with input from experts like Nvidia’s Jensen Huang

Financial Secretary has dinner with industry heavyweights at local restaurant, elaborates on border I&T park development with Shenzhen in blog.

Hong Kong’s wealth sector thrives as political uncertainty, geopolitics swirl

The Capital Investment Entrant Scheme, launched in March, has brought in more than HK$20 billion from 670 applications, Paul Chan says.

Editorial | More growth ahead as cross-border Connect turns 10

Status of Hong Kong as offshore financial hub for mainland China has been greatly enhanced by ever-widening investment scheme.

Explainer | US threatens sanctions: what Hong Kong can expect after the jailing of 45 activists

The Post reviews how Hong Kong was caught in China-US geopolitical crosshairs and the impact of restrictive measures on the city.

Top bankers gather in Hong Kong for summit as regulators promise more reforms

Chinese Vice-Premier He Lifeng, who is bringing a huge delegation, will deliver a keynote speech.

Hong Kong to issue HK$20 billion retail infrastructure bond

The bond, which have a tenor of three years, will provide assured returns of 3.5 per cent to be paid every six months.

Reset to Hong Kong-UK ties? British minister to meet city officials during visit

Minister for the Indo-Pacific Catherine West to meet No 2 official Eric Chan and finance chief Paul Chan, as well as UK business leaders.

Hong Kong rises to No 7 in digital competitiveness ranking, Singapore at No 1

Hong Kong rises three places in report by Swiss International Institute for Management Development, strong in ‘technology’ and ‘knowledge’.

Firms setting up in Hong Kong shrug off fears over Trump’s return

Another 17 companies agree to establish presence in city, with several saying their investments show their confidence in local economy.