Hong Kong

Hong Kong’s millionaire density trails only mainland China: report

Hong Kong’s millionaire density trails only mainland China: report

It noted Hong Kong as having one of the highest millionaire densities in the world, second only to mainland China.
1 day ago

BoCom Hong Kong profitability lifted by interest and fee income

The growth of its wealth management business will benefit fee income, says Moody’s
3 days ago

MoneyHero expands wealth product offerings with OSL partnership

Users can now compare digital asset account products.
3 days ago

Companies seek real-time liquidity management to avert cash-flow crisis

There is increased corporate demand for liquidity and risk coverage, says HSBC.

Mortgage loans approval increases 2.4% MoM in April

The number of mortgage applications decreased by 7.8% MoM.

HKMA, HKUST Business School ink MoU for applied cybersecurity research

They will explore supervisory tech and regulatory tech.

PAObank names Ronald Iu as chief executive

Iu has previously served as chief executive of two other digital banks in Hong Kong.

HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management

Ant International is HSBC’s first client to adopt the service.

HSBC enhances entrepreneurial wealth proposition in Hong Kong

It has launched two programmes to support businesses and private banking clients.

Citi launches AI tools for Hong Kong employees

One tool can summarise, compare, and translate multiple documents at the same time.

ZA Bank welcomes passage of Hong Kong stablecoins bill

They are engaged in in-depth discussions with several potential stablecoin issuers.

Gov’t greenlights Stablecoins Bill

The bill is expected to come into effect this year.

Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants

Customers can earn extra +FUN Dollars of up to HK$1,200 in value.

Hang Seng Bank restructures business, will cut 1% of core staff: report

An earlier report said that the bank is cutting 10% to 50% of staff in some teams. 

Hong Kong’s card receivables down 5.8% to $19.5b in Q1

Delinquent and rescheduled ratio was 0.42% as of end March 2025.

Hang Seng Bank launches cross-boundary wealth centre at Central branch

The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.