Hong Kong
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
Singaporean WealthTech firm Endowus sets foot in HK
This will be Hong Kong's first fee-only digital wealth management platform.
HSBC’s largest shareholder shares ‘deep concerns’, pushes for break-up
Ping An expressed five points that need to be addressed.
Alternative payments account for 43.3% of e-commerce purchases in Hong Kong
Over 90% of Hong Kong consumers have shopped online over the past 6 months.
Hang Seng cautions clients against phishing scams and fraudulent websites
Phishing messages can steal users' personal details through prompted links to fake websites.
Hong Kong new-to-credit market tread path to recovery
The city reported 127,000 NTC customers in 2021.
Hang Seng Bank adjusts weekday service hours of physical branches
Branches are open from 9AM to 5PM on weekdays.
Hang Seng Bank names Cheung Ka Ki as head of corporate governance
Cheung is also the new company secretary beginning 17 April.
HK’s BEA shares decarbonisation and sustainable development efforts in 2022
The bank was able to cut operational emissions by 29.7%.
HKECIC and Hang Seng deliver first green export credit insurance
The very first green financing arrangement will ease export expenses whilst maintaining sustainability.
Visa names Paulina Leong as Hong Kong, Macau market lead
Her role as the appointed General Manager is effective immediately.
Hong Kong-based Statrys launches SMEs cross-border payments system
The local payments solution will allow SMEs to make transactions in multiple currencies.
Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement
Chubb will offer Hang Seng banking customers general insurance products and solutions.
Standard Chartered arranged $89.6m green loan for Vista Shipping
The funds will be used to buy two LNG-dual fuelled vessels.
Hong Kong’s Fusion Bank launches investment services
They can use the services for a subscription fee of as low as HK$10 or US$1.
Walter Liu appointed as new American Express’ head of Asia Region
He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?