Hong Kong Finance Chief Courts Asset Managers on Europe Trip

Hong Kong Financial Secretary Paul Chan has begun a five-day European tour aimed at attracting global capital and strengthening the city’s role as an international financial hub.

The Hong Kong asset managers outreach programme began in Paris, where Chan met representatives of French asset management association AFG and think tank Asia Centre.

According to the South China Morning Post, the trip forms part of Hong Kong’s broader push to expand its wealth management industry, with local assets under management rising to HKD35.14tr (USD4.5tr) in 2024, close to the peak reached in 2021.

Chan is also scheduled to attend France’s “No Money for Terror” ministerial conference before travelling to Brussels and Zurich as Hong Kong seeks deeper ties with European institutional investors and asset managers.

The visit highlights growing efforts by Hong Kong authorities to position the city as a gateway for international capital into mainland China and wider Asia.