Latest news with #Paul Chan


Bloomberg
2 days ago
- Business
- Bloomberg
Hong Kong Floats Looser Capital Rules to Woo Mainland Homebuyers
Hong Kong is seeking ways to ease capital transfer rules for mainland professionals buying property, in a bid to revive its flagging real estate market. The city is in talks with China's central government to study whether a 'suitable framework' could allow more flexible fund transfers without triggering capital flight, Financial Secretary Paul Chan said in a press briefing on Wednesday. Chan's comments were made during discussions on Hong Kong's business environment.


Bloomberg
5 days ago
- Business
- Bloomberg
HK Financial Chief Sees Rebound in Second-Quarter Retail Sales
Hong Kong Financial Secretary Paul Chan said he expects a bounce-back in second-quarter private consumption, following more than 12 months of decline. Retail sales increased in May from a year earlier after 14 months of declines, Chan wrote in a blog post on Sunday, indicating early signs of market stabilization. He said he was 'cautiously optimistic' on the outlook for June data.


The Standard
10-07-2025
- Politics
- The Standard
Paul Chan boosts tech ties in Seoul
Paul Chan, center, in a group photo with representatives of Naver and others. Picture from government site.