Paul Chan on Hong Kong’s Market Outlook

Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region, stated that Hong Kong continues to encourage legitimate capital inflows, even amidst Beijing's recent crackdown on cross-border capital flows. Chan made these remarks to Bloomberg's Yvonne Man during the Bloomberg Invest 2026 conference held in Hong Kong. He emphasized that the region remains committed to attracting sound investment and maintaining its position as an international financial center. The comments address concerns about the potential impact of mainland China's regulatory actions on Hong Kong's financial markets and its attractiveness to international investors. Chan's statement aims to reassure the market that Hong Kong's financial infrastructure and regulatory framework are designed to support both domestic and international capital movements in a controlled and legitimate manner. The focus on "legitimate inflows" suggests a distinction between regulated and unregulated capital, with Hong Kong prioritizing the former to ensure financial stability and compliance with evolving regulations.