Hong Kong

Property strains weighs on CMB Wing Lung’s asset quality: Moody’s

Fee income will support the bank’s profitability
1 day ago

China CITIC Bank International to launch Payment Connect services

First 1,000 customers to complete transactions worth HK$1,000 can get a rebate.
1 day ago

HKGX appoints China CITIC Bank International as settlement bank

The bank will provide HKGX services such as account opening for its members.
2 days ago

HSBC names Airport Authority HK chairman as new board member

Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.
5 days ago

Hong Kong lenders consider making bad bank to offload $25b in soured loans

Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.
6 days ago

Airstar Bank honoured at Asian Banking & Finance Retail Banking Awards 2025

The Hong Kong-based digital bank was awarded for its efforts in driving innovation in digital banking.

OCBC Bank Hong Kong sets up team to support entrepreneurs

OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028

BOC International’s investment risk is limited, profitability stable: report

Its brokerage income has remained stable in the pats 4 years.

Hong Kong says Chong Sing Heritage Trust an unauthorized bank

The bank does not have authorization to carry a banking business in Hong Kong.

Stablecoins bill brings stricter oversight, opportunity to Hong Kong

The digital tokens could support cross-border payments and smart escrow.

Nearly 2 in 3 Hong Kongers hold a digital bank account

Respondents said digital banks outperform incumbents in account opening promotions.

PAObank extends 16% rate promo on HKD time deposits to July 31

The first HK$50,000 time deposit will enjoy the promo rate.

Chart of the Week: HK credit and charge card market to reach $132.4b

Banks are rolling out new services, such as a mobile virtual card and a dual-currency card.

Hong Kong credit card values up 8.4% to $34.91b in Q1

The number of debit card transactions fell although the value rose.

Hong Kong, China launch Payment Connect for faster cross-border payments

Supported services include instant remittance services, amongst others.