Hong Kong Financial Secretary Paul Chan: Continue to closely monitor fuel price fluctuations and respond in a timely manner.
Zhitong Finance APP has learned that Hong Kong Financial Secretary Paul Chan, in a speech at a conference, said that with the ongoing Middle East conflict and disruptions to energy transportation through the Strait of Hormuz, Hong Kong is also facing pressure from energy price fluctuations, but with solid support from the country, energy supply has remained stable. Chan pointed out that during the sharp rise in fuel prices earlier this year, the government had already introduced fuel subsidies and other relief measures to support affected industries and reduce the impact on people's livelihoods. The authorities will continue to closely monitor developments and stay prepared to respond in a timely manner according to the situation.
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