Hong Kong
BEA’s profit down 24% to $447.87m in 2025 as China losses mount
BEA’s profit down 24% to $447.87m in 2025 as China losses mount
Commercial real estate (CRE) accounted for 77% of BEA’s loan loss provisions.
1 day ago
APAC fintech exits hit $8.8b in H2 2025 as Hong Kong IPOs rebound
In contrast, IPO activity in Australia was “dry”, said KPMG.
4 days ago
Chubb launches Chubb Wealth with no platform fees for HNWs
Minimum investment for mutual funds starts for as low as US$100.
6 days ago
Antom and XPENG add AlipayHK payments across 1,600 EV chargers
The service is available in Hong Kong and will expand to SEA markets later in 2026.
Greater Bay Area loan access index sinks to 48.7 as recovery reverses
Quarterly business confidence data shows lending conditions falling back into contractionary territory.
DBS Hong Kong names Xu Qing as managing director and risk head
Xu will oversee all credit and risk functions in Hong Kong, mainland China, and Taiwan.
CLP Power and HSBC launch first ESG-linked supply chain finance deal
ESG-linked terms tie funding to emissions metrics.
BEA signs UN responsible banking pact
The principles are supported by over 360 banks globally.
Dah Sing Bank launches multi-currency debit card for SMEs
It enables overseas payments across 11 currencies with no foreign currency transaction fees.
Hang Seng Bank delists from Hong Kong Stock Exchange
Registered shareholders to receive payment via bank transfer or cheque.
WeLab Bank kills FX fees with multi-currency debit card
The new Mastercard allows spending in 11 currencies at "at-cost" prices.
HSBC gains court sanction for Hang Seng Bank privatisation scheme
Capital reduction clears path for planned Hong Kong delisting
Hong Kong expands RMB facility to $28.6b after banks hit quotas
The initial quota had been fully allocated to 40 banks.
BOCHK capitalisation strong but property risks remain
Fee income and treasury income will support its profitability through mid-2027.
PAObank uses PCS to replace traditional freight documentation
PAObank is the first digital bank to participate in the commercial data interchange initiative.
Crédit Agricole CIB names Yang Zhang as head of cash and trade sales for APAC FIs
She will oversee business development and origination of cash management.
DBS Hong Kong unveils new SME sustainable finance program
Eligible uses include energy efficiency upgrades, resource conservation, and clean transportation.
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