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Paul Chan: Hong Kong Monetary Authority and Saudi Arabia's Public Investment Fund to Launch a US$1 Billion Fund
3 day ago /
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Author：小编
Paul Chan, the Financial Secretary of the Hong Kong Special Administrative Region government, stated at the forum that cooperation between Hong Kong and the Middle East has expanded from the financial sector to the industrial and commercial sectors. The Hong Kong Monetary Authority and Saudi Arabia's Public Investment Fund (PIF) are about to jointly launch a fund worth US$1 billion, aiming to support enterprises in Hong Kong and the Greater Bay Area in expanding into the Saudi market and assist in the development of local non-oil industries.
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