Key facts
- Hong Kong's Financial Secretary Paul Chan will visit Saudi Arabia.
- The visit aims to strengthen economic ties between Hong Kong and Saudi Arabia.
- A Saudi Arabian tech company is exploring Hong Kong as an Asian hub.
- The tech company is also considering Hong Kong for smart city development.
Hong Kong's Financial Secretary, Paul Chan, is scheduled to undertake a second visit to Saudi Arabia with the objective of bolstering economic relations between the two regions. Concurrently, a prominent Saudi Arabian technology firm is reportedly evaluating Hong Kong as a strategic base for its Asian operations and as a potential partner in developing smart city projects.