Hong Kong
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Fees and other income rose 34% during the period.
Citi Markets to grow Asia rates and prime business headcount by up to 10%
IPO activity has rebounded and Citigroup traders posted their best Q2 period in 5 years.
Standard Chartered HK automates onboarding processes of SMEs
The solution reduces application turnaround time, the bank said.
Lendela, TransUnion roll out free credit data checking tool in Hong Kong
Hong Kong consumers can check their credit score at no cost.
Property strains weighs on CMB Wing Lung’s asset quality: Moody’s
Fee income will support the bank’s profitability
China CITIC Bank International to launch Payment Connect services
First 1,000 customers to complete transactions worth HK$1,000 can get a rebate.
HKGX appoints China CITIC Bank International as settlement bank
The bank will provide HKGX services such as account opening for its members.
HSBC names Airport Authority HK chairman as new board member
Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.
Hong Kong lenders consider making bad bank to offload $25b in soured loans
Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.
Airstar Bank honoured at Asian Banking & Finance Retail Banking Awards 2025
The Hong Kong-based digital bank was awarded for its efforts in driving innovation in digital banking.
OCBC Bank Hong Kong sets up team to support entrepreneurs
OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028
BOC International’s investment risk is limited, profitability stable: report
Its brokerage income has remained stable in the pats 4 years.
Hong Kong says Chong Sing Heritage Trust an unauthorized bank
The bank does not have authorization to carry a banking business in Hong Kong.
Stablecoins bill brings stricter oversight, opportunity to Hong Kong
The digital tokens could support cross-border payments and smart escrow.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
PAObank extends 16% rate promo on HKD time deposits to July 31
The first HK$50,000 time deposit will enjoy the promo rate.
Chart of the Week: HK credit and charge card market to reach $132.4b
Banks are rolling out new services, such as a mobile virtual card and a dual-currency card.
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