Hong Kong

Endowus secures $70m in funding, to accelerate Hong Kong growth plans

Leading investor Illuminate Financial noted Endowus’ fee-only, conflict free model.
4 days ago

Hang Seng Bank launches instant transfer service JustPay

Users can make voice recordings and send animated greetings.
4 days ago

HSBC’s profit after tax down 17.91% to $5.5b in Q3

Operating expenses rose, whilst banking NII rose and wealth performance was strong.
4 days ago

Hong Kong’s BEA unveils multi-currency debit card

It supports withdrawal at over 2.5 million access points worldwide.
6 days ago

Hang Seng Bank names former HSBC Hong Kong chief CEO

She will also chair the Operating Committee.

PAOBank, OneConnect to use advanced AI to fight deepfakes

The firms join Hong Kong’s fraud detection cohort.

ShopBack Pay officially launches in Hong Kong

Octopus has added it as a payment option.

Capitalisation pressures from Hang Seng Bank delisting ‘manageable’ for HSBC

HSBC is offering a 33% premium over the 30-day average closing price of its shares.

DBS Bank (Hong Kong) aims to boost cross-border investments

It aims to strengthen cross-border capital flow and help smaller asset managers expand.

Hong Kong’s stablecoin rules set to benefit major banks

Cross-border payments will likely be a key factor in the HKMA’s licensing decisions.

HKMA warns public of online scams targeting local banks

The Bank of East Asia reported fake websites and internet banking login screens.

Hang Seng Bank upscales sustainability fund by 50% to HK$120b

Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.

Private lenders step in as Hong Kong banks cut real estate loan growth

Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.

ZA Bank logs interim net profit of HK$49m in H1 2025

Net revenue rose 82.1% and net interest income rose 42.8%, the digital bank said.