Hong Kong

Thai banks told to use dynamic pricing

Thai banks told to use dynamic pricing

They are struggling because their pricing strategy is not transparent and too reactive.

HK’s card payment market to grow 11% in 2025

Credit cards accounted for 77.7% of the overall card payment value in 2024.

BEA’s profits up 11.9% to $591.9m in 2024

Operating profit before impairment losses is up 3%.

HSBC’s profits rise in FY2024; total dividend is $0.87

The fourth interim dividend is $0.36 per share.

Endowus launches US dollar time deposit service in Hong Kong

Minimum service is US$10,000, and rates are updated daily.

Hang Seng Bank profits up 3% to HK$18.38b in 2024

Earnings per share is HK$9.33; whilst total dividend is HK$6.8.

HSBC sells Bahrain retail banking business

It expects to complete the transaction in Q4 2025.

Hang Seng enhances dementia-friendly services in branches

Each of its branches now has a trained dementia-friendly ambassador.

StanChart HK enters JV to develop HKD-backed stablecoin

It is working with telecom company HKT and game software company Animoca Brands.

Fintech Aspire, Visa launch corporate card for Hong Kong’s SMBs

Globally, 4 in 5 small and medium businesses are looking to sell overseas.

HK’s young affluent families eye HK$18m in savings, but lack plans

Only a third of respondents have financial strategies to meet their needs.

ZA Bank partners with TransUnion to offer credit alert service for free

It notifies of new credit accounts opened under their name, amongst others.

HSBC, Delta Capita collaborate on post-trade services

Delta Capita established operational hubs in Kuala Lumpur and Manila.

New Policy Pulse details efforts to achieve HK’s financial hub status

It provides an overview of the developments and achievements of HK’s financial services in recent years.

Hong Kong’s total loans down 2.8% in 2024

Loans for use outside Hong Kong dropped by 1.3% in December.