Hong Kong
BEA launches stock trading platform BEA SmarTrade
BEA launches stock trading platform BEA SmarTrade
It has watchlist and stock portfolio features, and gives real-time market quotes.
Hong Kong tells financial firms to adopt “risk-based” approach to AI adoption
The government will adopt a dual-track approach that considers risk.
ZA Bank commences pilot for virtual asset trading service
Three in four Hong Kong investors are interested in investing in cryptocurrency.
Hong Kong names 11 banks as primary liquidity providers for offshore RMB
Hong Kong has also expanded the RMB repo facility to over US$2.8b.
ZA Bank debuts business banking referral programme
Users can invite companies to register and get a HK$288 cash reward.
HSBC unveils invitation-only credit card for ultra wealthy clients
It debuted in Hong Kong and will launch in Singapore and India next.
Over 97% of Hong Kongers trust digital banks’ security measures
Digital bank account holders are willing to open more accounts with other digital banks.
Hong Kong unveils sustainable finance action agenda
Banks are required to achieve net zero in their operations by 2030.
Bank of Singapore nabs BOCHK banker as market head for GC Hong Kong
Chi brings over 20 years of experience into her new role.
2024 Policy Address: Family office policies affirm HK's wealth management hub status
An analyst said the initiatives will boost investor confidence.
2024 Policy Address: Hong Kong to boost offshore RMB business
Plans include upgrading the Central Moneymarkets Unit.
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Airwallex Capital launches Airwallex Yield for asset management
The service was first introduced in Australia.
HK central bank, banking assoc express support for banking integrity charter
The HKMA and HKAB co-hosted the launching ceremony with ICAC.
Hang Seng has approved $60m of SME loans with HKMA’s account data sharing model
Customers can authorize Hang Seng to directly retrieve info and data from other participating banks.
Hong Kong Fintech Week 2024 kicks off on 28 October
InvestHK expects to draw about 30,000 attendees from 100 economies across the globe.
Commentary
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai