Hong Kong
External shocks prompt risk control call for Hong Kong banks
External shocks prompt risk control call for Hong Kong banks
Banks should capitalise on emerging sector-led controls like the Commercial Data Interchange, says KPMG.
21 hours ago
Hong Kong banks urged to capitalise gold potential
Hong Kong is uniquely positioned in Asia to integrate the entire end-to-end gold ecosystem, says KPMG.
4 days ago
Hong Kong's GBA travellers seek seamless digital wallet payments
Nearly half of residents purchase half of their daily necessities across the border.
4 days ago
ShanCom Bank offers exclusive mortgages for Henderson buyers
Buyers are offered a cash rebate of up to 1.3% and first-year home insurance.
6 days ago
Hong Kong banks urged to deepen family office offer as new wealth surges
Nearly half of family offices set up in the last 5 years are new.
6 days ago
Trade easing and AI demand lift Hong Kong banks' H2 outlook
Banks should monitor real estate exposure as property softness persists.
6 days ago
HSBC and BOCHK back Hong Kong’s wholesale CBDC pilot
Both banks will participate in the pilot project.
Hong Kong credit card transactions dip in Q1 even as card count surges
Card spending softened from Q4 but remains 13.6% higher than a year ago.
Blue Cross widens perks as Samsung Wallet joins push
Designated travel plans can include a HK$20 ePremium Coupon.
Hong Kong credit card balances rise as revolving lines fall
Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.
Citi Mobile App launches e-vouchers at 500 merchant outlets
Citi Mastercard holders are offered exclusive discounts and perks at certain hotels.
Hong Kong, China and Indonesia ink MOU to boost rupiah-renminbi transactions
They will establish a cooperation framework.
TransUnion offers free credit report to HK residents who lose their HKID
They can schedule an appointment online within 30 days of the loss.
HSBC Access gives direct startup and VC access to the ultra wealthy
It will roll out in Hong Kong to start.
ZA Bank launches Wealth Connect Southbound via Industrial Bank tie-up
The individual investment quota under the scheme is up to RMB3m or about US$443,000.
Chinese SMEs expand into ASEAN through digital-first model
Consumer goods, digital solutions, and logistics are driving outbound expansion.
Hong Kong’s loans up 3.6% in April as IPOs and high rates lift banks
Deposits also rose during the month.
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