Hong Kong

BOCHK makes fully automated transactions of corporate remittances

BOCHK is the first Hong Kong commercial bank to connect to mBridge.

Standard Chartered, Ant complete HKD intra-group transactions

Ant will make use of StanChart’s treasury management principles in moving funds.

HSBC, Ant Int’l complete HKD cross-bank test transactions

The use case integrates HSBC and Hang Seng’s networks with Ant’s Whale platform.

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.