Hong Kong
Hong Kong’s PAObank to offer free travel insurance to new customers
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
12 hours ago
HK, China sign MoU on infrastructure financing, securitisation
The two will explore Renminbi opportunities for infrastructure loan securitisation.
3 days ago
Cambodia's Canadia Bank expands to Hong Kong
The group has a total asset of $116.7b (US$15b) and a total of 17,500 employees.
3 days ago
Hong Kong banks lift H1 profits on non-interest income growth
The four banks’ net interest margins are expected to improve in H2 2025.
4 days ago
Hong Kong opens consultation on phase 2 of green finance taxonomy
It added 13 new economic activities and expanded sector coverage.
Hong Kong banks may boost tax loan campaigns as Fed rate cut looms
Demand for debt consolidation may also rise.
Hang Seng Bank appoints HSBC’s Luanne Lim as new chief executive
Diana Cesar will return to HSBC as vice chairman, Hong Kong.
Citi named primary liquidity provider in RMB repo scheme
It is currently the only American bank of the 11 dealers in the scheme, the bank said.
Most HNWIs prefer hybrid model in wealth services: survey
Nearly 40% said they are interested in attending physical investment seminars.
Futu opens largest HK store, rolls out institutional & private wealth service center
The 7,000 square feet flagship store in Causeway Bay spans two floors.
Total deposits in Hong Kong inch up 0.2% in July
Hong Kong dollar deposits fell but foreign currency deposits rose.
ABN AMRO Clearing Bank granted restricted banking licence in Hong Kong
There are now 16 restricted licence banks in the city.
Hong Kong’s mortgage loan applications, approvals rose in July
Mortgage loans for primary market and secondary market transactions both increased.
Sunshine Insurance GWP grows 5.7% YoY in H1
Net profit attributable to the parent also grew by 7.8% YoY to $3.7b.
OCBC eyes $2.7b for serial entrepreneurs
OCBC Group has lent $1.17b to more than 1,800 repeat founders since 2017.
HSBC fined HK$4.2m for disclosure breaches in research reports
It is estimated to have affected disclosures in over 4,200 reports.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
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