Hong Kong Financial Secretary Paul Chan set off for a visit to Saudi Arabia today.

Hong Kong Financial Secretary Paul Chan Mo-po will lead a delegation to Riyadh, Saudi Arabia this afternoon (October 27) to promote cooperation between Hong Kong and mainland Chinese businesses, explore greater commercial opportunities, and further deepen Hong Kong's economic and trade, financial, and innovation and technology links with the Middle East region. The delegation aims to showcase Hong Kong's strengths and tell the story of Hong Kong and China. The delegation includes about 40 members, including representatives from financial institutions from Hong Kong and mainland China, as well as founders and executives from companies in artificial intelligence, biomedicine, e-commerce, green energy, architectural technology, and other sectors. Members of the delegation also include representatives from the Hong Kong Special Administrative Region's Invest Hong Kong, Hong Kong Trade Development Council, Hong Kong Monetary Authority, and Hong Kong Exchanges and Clearing Limited. The Hong Kong Trade Development Council is assisting in organizing the activities. During their stay in Riyadh, the delegation will attend the 9th Future Investment Initiative. Paul Chan Mo-po will participate in discussions at the conference and deliver speeches at various dinners to share the latest developments and new opportunities in Hong Kong. He will also meet with local officials, public institutions, business and financial leaders, and company executives. In addition, accompanying companies will participate in business matching activities with local companies. Paul Chan Mo-po will return to Hong Kong on October 31. During his absence, Hong Kong Financial Secretary's Deputy Patrick Kwan will serve as acting Financial Secretary.