Hong Kong

Hong Kong deposits up 0.8% in March

HKD and total deposits rose, but renminbi deposits declined.
1 day ago

Hong Kong mortgages in negative equity rose to over 40,700 in March

The three-month delinquency ratio rose slightly.
2 days ago

Hang Seng Bank rolls out payroll perks for savings-focused users

They do so to achieve financial flexibility, said Hang Seng Bank.
2 days ago

Dah Sing Bank warns against seven fraudulent websites

Customers are reminded to check the URL and look for a secure padlock icon.

Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses

It offers instant debit, secure exchange rates, and free transaction fees.

Hong Kong rolls out new measures against fraud and mule accounts

The central bank will roll-out an updated platform for banks to exchange information.

HSBC Singapore launches premium credit card for wealthy clients

It offers perks such as access to private clubs and members-only lounges in APAC, Europe, and the US.

7 in 10 Hong Kongers pick digital banks for crypto trading on convenience, regulatory concerns

They like the convenience of being able to trade directly using an existing digital bank app.

AXA launches digital insurance with Ant Bank, AlipayHK tie-up

It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.

Hong Kong banks report better H2 margins despite CRE risks

Margins and income improved in H2 2024 compared to H1..

ZA Bank appoints Calvin Ng as CEO

Ng has been its executive director since September 2022.

Hong Kong banks have enough buffers against commercial real estate strains

But small and midsize banks are likely to experience greater strain due to their higher exposure to commercial property.

OCBC unveils AI stock picker in Hong Kong

AI Oscar will send regular trading ideas on HK stocks via email to customers.