Seminar 1: Will the 2018/19 Budget surplus continue to be used for a rainy day that never comes?
Friday, 16 March 2018, JW Marriott Hong Kong
11:30am - 2:00pm


The Hon. Paul Chan Mo-po, GBM, GBS, MH, JP
Financial Secretary
Hong Kong Special Administrative Region Government

The Hon. Paul Chan Mo-po is a Certified Public Accountant. He is the former president of the Hong Kong Institute of Certified Public Accountants and the former chairman of The Association of Chartered Certified Accountants, Hong Kong.

Before joining the Government, Mr Chan held a number of public service positions including member of the Legislative Council; chairman of Legal Aid Services Council; board member of the West Kowloon Cultural District Authority; non-official member of the Strategic Development Commission and council member of the Chinese University of Hong Kong.

Mr Chan served as the Secretary for Development of the Hong Kong Special Administrative Region Government from July 2012 to January 2017. He was appointed the Financial Secretary on 16 January, 2017.


Agnes Chan
Managing Partner, Hong Kong & Macau

Ms Agnes Chan oversees all aspects of business operations of EY in Hong Kong and Macau. With more than 30 years of experience in providing tax and business advisory services, Ms Chan’s professional accomplishments have yielded numerous high-profile awards in recent years, including the “Best in Tax Individual Award” recognised by Euromoney Legal Media Group at the Asian Women in Business Law Awards event in 2012. In the same year, she became the first leader outside of Mainland China to be awarded “China Economic Woman of the Year”. In 2015, she was named as one of the Top 10 Outstanding Women Entrepreneurs in China and was inducted as an Honoree of the Beta Gamma Sigma (BGS) HKUST Chapter in 2016. Ms Chan is an appointed member of the Competition Commission, Inland Revenue Department Users Committee, Mandatory Provident Fund Schemes Appeal Board and the Vice Chairman of the Financial and Treasury Services Committee of the Hong Kong General Chamber of Commerce.


Franklin Lam Fan-keung

Mr Franklin Lam founded HKGolden50, an independent and non-profit research platform with the mission to encourage awareness, discussion and ownership of Hong Kong's golden 5-year challenge. Prior to this, Mr Lam was the senior portfolio manager with UBS Global Asset Management in Hong Kong. He joined UBS in 1997 as the head of regional property at UBS Securities Asia, UBS Investment Bank. He has headed Asian property research since 1990. He also held management responsibilities at UBS as the Head of Hong Kong Equities.

Mr Lam has been rated top Hong Kong researcher and Asian property researcher for well over a decade by a number of professional fund managers’ polls, including Institutional Investor magazine. He served as a member of the Hong Kong Government's Central Policy Unit during the period of the Asian financial crisis. He is a Chartered Accountant in the United Kingdom and holds a BA degree in Economics and Finance from the University of Manchester.


Prof. Andy Kwan Cheuk-chiu
ACE Centre for Business and Economic Research

Professor Andy Kwan Cheuk-chiu received his BA, MA and PhD from Concordia University, Canada. He had taught at two Canadian universities, Wilfrid Laurier University (Waterloo) and Concordia University (Montreal). From 1995 to 2009, Professor Kwan had taught at the Chinese University of Hong Kong. Currently, he is the director of ACE Centre for Business and Economic Research.

Professor Kwan’s main research areas include financial economics, econometrics and time series analysis. He has published more than 30 papers in scholastic journals and has served as a referee for a number of international journals. His research works have been cited in many renowned academic journals and books.

Professor Kwan advises the HKSAR government in various areas including housing, land development, government budget, tourism and public transportation.


Olga Wong (Moderator)
Hong Kong News Editor,
 South China Morning Post

Ms Olga Wong is the Hong Kong news editor of the South China Morning Post. She has been supervising coverage on major government policies including health care, housing, environment, ageing, social welfare and education. 

In recent years, she has also looked into the effects of the fast greying population on the city's fiscal health.

In her most recent article, Ms Wong examined whether Hong Kong is facing a structural surplus instead of a chronic deficit as claimed by the previous administration.