Hong Kong ‘more than China’s financial sandbox’, Paul Chan says

South China Morning PostCenter-RightEN 1 min read 100% complete by Connor MycroftMarch 9, 2026 at 08:22 AM

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Hong Kong's Financial Secretary, Paul Chan, stated that Hong Kong is more than just China's financial sandbox, emphasizing its role as a driver of China's development and a key international financial center. Speaking at a conference, Chan highlighted the importance of embracing artificial intelligence for Hong Kong's future growth. He also addressed concerns about the Exchange Fund's usage. Chan underscored Hong Kong's assigned role in China's 15th five-year plan, which includes deepening integration with the mainland and strengthening its position as a financial hub, particularly in offshore renminbi and supply chain services. The plan also prioritizes the Northern Metropolis megaproject.

Key Entities & Roles

Key Player Opposition Context

Alger Fung 30% Arthur Shek 30% Northern Metropolis 40% AIA Hong Kong & Macau 40% Beijing 40% South China Morning Post ×250% China ×590% Paul Chan Mo-po ×390% Hong Kong ×7100%

Keywords

hong kong 100% international financial centre 90% china 80% economic development 70% financial sandbox 60% artificial intelligence 60% 15th five-year plan 50% paul chan 50% offshore renminbi 40%

Sentiment Analysis

Positive

Score: 0.30

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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hong kong international financial centre china economic development financial sandbox artificial intelligence 15th five-year plan paul chan offshore renminbi

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