Hong Kong finance secretary welcomes Malaysian enterprises to explore market

Hong Kong’s Financial Secretary, Paul Chan, began his visit to Malaysia Monday, where he welcomed the fintech industry to consider business development in Hong Kong and explore opportunities in Hong Kong with those who have already set foot there.

During the visit and throughout meetings with sector representatives, Chan said that Malaysian enterprises are welcome to make use of Hong Kong as a platform to explore business opportunities connected with the huge mainland market, particularly those of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Chan met with representatives of the Fintech Association of Malaysia (FAOM) and was briefed on the latest industry developments in Malaysia. Chan explained Hong Kong’s vibrant fintech development to FAOM, and outlined measures announced in the budget to speed up the growth and development of the digital economy and Web3.

The official then attended a luncheon co-organized by the Hong Kong Economic and Trade Office, Jakarta (HKETO Jakarta) and the National Chamber of Commerce and Industry of Malaysia, where he gave a keynote address.

He pointed out that since Hong Kong has fully resumed connection with the mainland and the international community, speedy recovery is on the road. Consequently, it is now the best time to invest in Hong Kong and grasp the opportunity presented by the recovery of momentum since resuming connection with the mainland. Under “One country, two systems,” Hong Kong possesses unique advantages and is the best gateway for entering the mainland market.

Chan continued his visit in Kuala Lumpur yesterday and proceeded to Singapore last night. Staff Reporter