Hong Kong
South African fintechs look to Hong Kong for funding
South African fintechs look to Hong Kong for funding
Tax perks and access to Africa await foreign investors.
ZA Bank to give out cash equivalent to 1 Bitcoin
You can earn points by doing crypto investment related activities in the app.
PAObank, Mybooster launch cross-border e-commerce revolving loan
It offers funding of up to $5m, with tenor extending up to six months.
Dah Sing Bank warns against fake website
The bank has reported the incident to the Hong Kong Monetary Authority.
Nanyang Commercial Bank warns against fraudulent websites
It has reported the case to authorities.
BEA teams up with GRCB to expand WMC southbound business
GRCB is BEA’s first WMC partner bank outside the BEA group.
OCBC Hong Kong sells 33% stake in Hong Kong Life
Yue Xiu Enterprises (Holdings) bought the stake from the bank.
Hong Kong bankers to see 15% to 20% salary hikes next year
But middle and back-office recruitment is expected to focus on replacing existing roles.
ZA Bank’s Rate Watch offers $114 for lower interest proof
Users can still receive up to $24.20 even if a loan application is unsuccessful.
BEA and IDA launch HKD-pegged stablecoin
The initiative includes a trial involving a local payment gateway.
WeLab Bank disbursed HK$61.56m subsidies for HS Chau Foundation
The students come from 354 government and private secondary schools across the city.
HKMA adds new spatial dataset via Open API
It includes details on five types of self-service banking machines of 20 retail banks.
HKMA fines CITIC HK$4m over anti-money laundering breaches
The bank failed to generate alerts for suspicious transactions between November 2015 and July 2018.
Bank of East Asia foresees ‘moderate’ economic growth in Hong Kong for 2025
Home prices are slated to recover by around 5% in 2025, BEA’s chief economist said.
HKMA holds public consultation on proposed banking ordinance enhancements
It aims to align local regulations with international standards.
KPay raises $55m in series A funding round
It will use the funds for M&A opportunities and to double its partnerships.
Hong Kong total deposits up 5.8% YTD in October
Hong Kong dollar deposits grew, but renminbi remittances fell.
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