Financial Services
Credit card balances rise as revolving lines fall
Credit card balances rise as revolving lines fall
Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.
Hong Kong port platform expands into trade finance
The system targets SMEs that face high financing costs and slow loan approvals.
Hong Kong ranks fourth in APAC financial services talent index
Colliers said the city remains one of the region’s leading Global Centres, supported by strong industry output.
IPOs spur bank hiring rebound
Workforce across 15 lenders fell 0.73% to 74,376 in 2025.
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers
This pushes bankers to think under pressure – the skill that differentiates a commoditised analyst from a strategic advisor.
Gig workers hit credit barriers despite 95% prime risk tiers
Compared to a wider market, 82% meet repayments without difficulty.
Hang Seng Bank launches NFC-powered e-Passbook for seniors
Users can tap their phones to view balances and request records of up to 7 years.
Trust planners face pressure as Hong Kong entrepreneurs go global
Differing legal systems can create friction for businesses operating across borders.
GREEN$ to link with AlipayHK as EPD phases out physical card points
Starting 4 May, unregistered GREEN$ physical cards will stop earning points.
Mortgage uptick offers relief to Hong Kong banks
Some lenders offer aggressive fixed-rate products to attract clients.
SFC urges SEHK to tighten internal controls and auditor oversight
The new measures will reduce reliance on director confirmations for oversight.
AIA expands wealth services for HNW segment with Alta Prestige centre
The firm targets ultra-wealthy with a new advisory centre.
Hong Kong to align development strategy with China’s 15th Five-Year Plan
The government will draft the city’s first five-year plan.
The succession shift: Redesigning wealth structures for the next generation
Wealth that endures is not merely protected. It is understood.
TransUnion appoints Tim Fu as Hong Kong chief revenue officer
Fu joins from PayPal.
Talent shortage and tighter budgets to shape bank hiring in 2026
Investment analysts and compliance specialists remain the most in-demand roles.
uSMART opens Admiralty office with sunlit collaboration hubs
The office features two main meeting rooms designed to maximise natural light.
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Commentary
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