​The Financial Secretary, Mr Paul Chan, arrived in Davos, Switzerland yesterday (January 19, Davos time) and immediately commenced his programme at the World Economic Forum (WEF) Annual Meeting.

     In the afternoon, Mr Chan met with the Minister of Economy of the Sultanate of Oman (Oman), H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.

     Mr Chan noted that Oman is transitioning from an oil-driven growth model towards a more diversified economic structure, with active efforts to promote green transformation and renewable energy, while further strengthening its economic and investment ties with China. As a “super connector”, Hong Kong is well positioned to support this process — on the one hand, by facilitating Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development; and on the other hand, by leveraging its status as an international financial centre in Asia to provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products. Mr Chan also pointed out that financial market connectivity between the two places could foster mutual development, and expressed support for the stock exchanges and regulatory authorities of both sides to explore reciprocal cooperation, including opportunities for dual or secondary listings.

     In the evening, Mr Chan attended the welcome reception of the WEF Annual Meeting, where he engaged with participants from around the world. He will continue his visit in Davos today (January 20, Davos time).

Ends/Tuesday, January 20, 2026
Issued at HKT 9:00

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