Hong Kong

HSBC’s profits down 30.6% to $11.51b in H1 2025

Revenue declined by 9% to $34.1b during the six-month period.

Hong Kong’s stablecoin bill boosts wealth management, pressures payments

Stablecoins issued in Hong Kong could increase competition particularly in wholesale payments.

Hang Seng Bank’s credit risks rise, but capital buffers remain strong

Credit losses rose to HK$4.86b in H1 versus HK$1.5b a year earlier.

Looking into Mox Bank’s rise as Hong Kong digital banking powerhouse

The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 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.

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