--- title: "Chan Mo-po: It is necessary to deeply integrate cutting-edge AI technology into services" description: "Financial Secretary Paul Chan emphasized the deep integration of \"AI+\" and \"Finance+\" in the budget proposal, believing that artificial intelligence is a core technology for the future that can impact" type: "news" locale: "en" url: "https://longbridge.com/en/news/277390529.md" published_at: "2026-03-02T01:50:39.000Z" --- # Chan Mo-po: It is necessary to deeply integrate cutting-edge AI technology into services > Financial Secretary Paul Chan emphasized the deep integration of "AI+" and "Finance+" in the budget proposal, believing that artificial intelligence is a core technology for the future that can impact various industries. He pointed out that Hong Kong, as an international financial center, needs to incorporate cutting-edge AI technology into financial services to achieve mutual empowerment and positive interaction, creating new value and opportunities. The two main lines proposed in the budget aim to accelerate Hong Kong's economic transformation and promote high-quality development The Financial Secretary, Paul Chan, stated that one of the key focuses of the budget is to actively promote the mutual reinforcement of "AI+" and "Finance+". At this critical juncture of technological innovation, artificial intelligence is not only a core technology for the future but also a tremendous force that can impact various industries. Accelerating the development of "AI+" is essentially driving the "transformation and upgrading" of advantageous industries and the rapid growth of emerging sectors. He pointed out that as an international financial center, it is necessary for Hong Kong to deeply integrate cutting-edge AI technology into its services, enabling financial services to become larger and stronger, while also expanding AI technology into broader application scenarios to achieve mutual empowerment and positive interaction. In this process, depth is key, and speed is crucial. He indicated that when "AI+" meets "Finance+", the resulting synergy will be immense and far-reaching. This is not merely a simple addition but more like a mutually reinforcing "flywheel effect," a development strategy that is tailored to local conditions and deeply integrated. Both sides, through mutual promotion, create new value and opportunities. In the future, enterprises that better understand how to use AI will also need financial and professional services that are more knowledgeable about AI and innovative technologies, enriching Hong Kong's connotation as an international financial center. Paul Chan emphasized that leveraging Hong Kong's own advantages in a manner suited to local conditions and actively aligning with national development strategies is the only way to achieve better development. The budget proposes two main lines of "AI+" and "Finance+", hoping to elevate Hong Kong's high-quality development to a higher level during the accelerated transformation of the economy ### Related Stocks - [02800.HK - TRACKER FUND](https://longbridge.com/en/quote/02800.HK.md) - [03032.HK - HSTECH ETF](https://longbridge.com/en/quote/03032.HK.md) - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Budget reveal: government turns matchmaker with stronger hand in shaping economy | Hong Kong's finance chief unveiled a robust budget with a HK$2.9 billion surplus, marking a shift towards a more active | [Link](https://longbridge.com/en/news/276966696.md) | | Hong Kong court rejects appeal in landmark 'Hong Kong 47' subversion case | Hong Kong’s Court of Appeal has rejected an appeal by 12 pro-democracy activists in a significant national security case | [Link](https://longbridge.com/en/news/276558607.md) | | U.S. CDC says meeting of U.S. CDC vaccine advisors to be held on March 18-19, website shows | U.S. CDC says meeting of U.S. CDC vaccine advisors to be held on March 18-19, website shows | [Link](https://longbridge.com/en/news/276759140.md) | | Does RFK Jr. care that babies will needlessly die under his vaccination policies? | The article discusses the impact of Robert F. Kennedy Jr.'s vaccination policies, highlighting a resurgence of measles c | [Link](https://longbridge.com/en/news/277225914.md) | | Hong Kong hikes stamp duty for luxury homes as sales rebound | Hong Kong is increasing stamp duty on luxury home transactions over HK$100 million from 4.25% to 6.5%, as announced by F | [Link](https://longbridge.com/en/news/276841752.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.