Hong Kong
BEA property risks persist but capitalisation, funding offer buffers
BEA property risks persist but capitalisation, funding offer buffers
Its impaired loan ratio is expected to remain high in 2025.
1 day ago
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal.
2 days ago
Nanyang Commercial Bank still weighed down by property risks in 2025
The de-risking process is expected to take a longer time, Moody’s said.
3 days ago
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.
BoCom Hong Kong profitability lifted by interest and fee income
The growth of its wealth management business will benefit fee income, says Moody’s
MoneyHero expands wealth product offerings with OSL partnership
Users can now compare digital asset account products.
Hang Seng unveils MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays.
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.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
