Financial Services

Green finance in APAC to grow amidst data and disclosure gaps

But is it growing fast enough for the region to achieve climate goals?
2 days ago

Green finance in APAC to grow amidst data and disclosure gaps

But is it growing fast enough for the region to achieve climate goals?
2 days ago

Credit card circulation decrease by 1.5% in Q2

Payment card usage increased by 18.8% QoQ in Q2 2021.
3 days ago

Datasite recognised as Fintech - Financial Services winner at the China Technology Excellence Awards

Datasite Diligence™ and Datasite Prepare™make customers deal-ready, anytime and anywhere.

China Taiping sees 77% profit growth to $5.11b in H1

Total premiums written and policy fees over the period stood at $157b.

Sun Hung Kai & Co. profit surges by 287% to $2.7b

This is thanks to significant gains in investment management amongst others.

Fund managers to count climate risks in investment schemes: SFC

The SFC has concluded talks on climate-related risks in funds.

Bank of East Asia profit rebounds nearly 75% to $2.67b in H1

This increased from $1.53m in the same period last year.

SFC vets 120 listing applications in Q2

This comes as the commission imposes stricter review on applications.

Cathay, OpenRice offer one mile for every $4 cash payment

The First 50,000 members of Asia Miles and Marco Polo Club can get up to 200 extra miles.

Practitioners optimistic over HK’s finance industry in next three years

Around 56% of industry practitioners are positive about the prospect of the sector.

LeoGroup enters merger to form US$4.3b global wealth advisor

The Leo Wealth merger also involved The Capital Company and BFT Financial Group.

SFC Executive Director steps down  

SFC’s Brian Ho will be retiring as Executive Director – Corporate Finance.

StanChart HK, Sintali-SGS partner to boost EDGE green building standard

The EDGE certification provides a path for buildings to achieve carbon neutrality.

Hang Seng Bank profit drops 4% to $8.76b in H1

The bank linked this to macroeconomic conditions that put pressure on its net interest margin.

Total loans rise 4% in June: HKMA

This was partially due to IPOs during the month.

More SMEs find credit approval eased in Q2: Survey

Some 72% of SMEs perceived banks’ credit approval stance as easier.

Binance Labs Announces Strategic Investment in NFKings, NFT Creatives and Production Company

Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and production company with over 100 intellectual properties (IPs), to contribute to building a sustainable digital creativity space.