The Financial Secretary, Mr Paul Chan, continued his visit to Bahrain yesterday (October 24, Bahrain time).
      
     In the morning, Mr Chan paid a courtesy call to the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Kingdom of Bahrain, Mr An Wa'er, and shared Hong Kong's latest developments.

     Mr Chan then met with the Chief Executive Officer of the sovereign wealth fund of Bahrain, Mumtalakat, Mr Khalid Al Rumaihi, followed by another meeting with the Chief Executive Officer of Osool Asset Management, Sheikh Abdulla bin Khalifa Al Khalifa. Osool Asset Management is the investment arm of the Social Insurance Organization of Bahrain. In the meetings with the two parties, both sides exchanged views on global financial markets and investment strategies. Mr Chan pointed out that Hong Kong is where international capital converges, and has a high concentration of financing businesses. It also has unparalleled unique advantages by being an important gateway to the Mainland and Asian markets which have tremendous investment potentials. He actively encouraged companies and funds to make full use of the strengths and convenience of Hong Kong as a platform and convergent point of industry chains, and tap the vast investment opportunities.

     Mr Chan also met with a Bahraini family business group, YBA Kanoo Group, where he introduced the competitive edges and investment opportunities of Hong Kong as an international financial centre, and measures to help family offices to be established in Hong Kong.
      
     Having completed his visit to Bahrain yesterday (October 24, Bahrain time), Mr Chan departed in the evening for Riyadh, Saudi Arabia, where he will attend the 6th Edition of the Future Investment Initiative in Riyadh today (October 25, Saudi Arabia time).

Ends/Tuesday, October 25, 2022
Issued at HKT 9:01

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