Hong Kong

DBS welcomes deepening financial market ties between Hong Kong, China

DBS welcomes deepening financial market ties between Hong Kong, China

It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said.

WeLab Bank achieves first breakeven in Dec 2024

WeLab Bank credited it to its expanded loan book.

Hong Kong launches incubator for banks’ adoption of DLT

Tokenised deposits will be a core focus upon the incubator’s inception.

Nine in 10 SMEs enhances brand image through HKSMEA, Dah Sing Bank initiative

The survey showed that 72.2% acknowledged funding support for certification.

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.

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.