Financial Secretary Paul Chan will depart for a visit to Seoul, Korea, tomorrow and return to Hong Kong on Thursday.

While there, Mr Chan will hold meetings with representatives from institutional investors, financial institutions, the fund industry, the venture capital sector and the digital asset community.

Additionally, he plans to attend a seminar on their respective capital markets to brief the Korean financial sector on the latest developments in Hong Kong's capital market and promote deeper co-operation between the two places in related areas.

While joining a business luncheon cohosted by the Hong Kong Economic & Trade Office in Tokyo and the Korea Chamber of Commerce & Industry, Mr Chan will highlight Hong Kong's business advantages to Korea's financial, industrial and commercial, innovation and technology sectors, etc.

In particular, he will elaborate on Hong Kong’s role as a "super connector" and "super value-adder", and how it can assist Korean businesses to expand into the Greater Bay Area, the Mainland and international markets.

As part of his agenda, the Financial Secretary will also meet representatives of the Bank of Korea, which is the central bank of the country, and tour innovation and technology enterprises as well as innovative research and development institutions.

 During Mr Chan’s absence, Deputy Financial Secretary Michael Wong will be Acting Financial Secretary.