Financial Services
Singapore-based fintech firm Chocolate Finance enters Hong Kong market
Singapore-based fintech firm Chocolate Finance enters Hong Kong market
The company has also raised $117.7m (US$15m) in a Series A+ funding round.
1 day ago
New tax portals launched
This allows tax matters to be handled electronically.
Company registrations hit record 1.49 million
A total 1.49 million local and 15,509 non-local company registrations were recorded in Hong Kong.
SFC holds consultations for rules enhancing market developments for OTC derivatives
Aims to lower transaction thresholds and costs.
HKTDC signs first MOU with Singapore-based bank
The partnership also aims to generate job opportunities and strengthen communities across both regions.The Hong Kong Trade Development Council (HKTDC)...
Morgan Stanley added to financial services providers list
105 financial institutions listed keep improving global OTC derivatives markets.
HSBC boosts reserves after court backs capital cancellation
It cancelled US$1.8b from its capital redemption reserve.
Government opens public consultation on regulating money lenders
Comments can be sent on or before 22 August.
New payment systems integrated into Kai Tak Sports Park
More than 300 payment terminals have so far been installed.
Hang Seng Bank funds $20m green loan for low-noise equipment
The financing will support the acquisition of electric construction machinery designed to reduce noise and emissions on building sites.
Hong Kong to log largest rise in bad loans in APAC in 2025
Banks in Hong Kong and the mainland still face subdued loan demand.
Credit card issuance slows in Q1 2025 amidst soft retail demand
Gen Z accounted for 26.9% of total originations.
Mastercard, HSBC Hong Kong to offer privileged access to Live Nation events
Eligible cardholders can have early access to priority booking before public sales.
HashKey expands bank services to 32 countries
The platform now supports transfers in CNH, HKD, USD, and EUR.
4 in 5 consumers hold only credit cards: report
Only 11% belong to the "flexible funding wallet" segment.
Gov’t OKs revised Banking Bill 2025
The ordinance will enable banks to share account information to detect and prevent crimes.
About 74% of HK SMEs struggle with payment reconciliation: survey
21% strongly agreeing that reconciliation poses a critical challenge, compared to 9% of small businesses.
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