Financial Services
EU blacklists 20 Hong Kong firms for alleged trade violations
EU blacklists 20 Hong Kong firms for alleged trade violations
The US Office of Foreign Assets Control also sanctioned companies allegedly involved in financial transactions.
5 hours ago
Trust industry to remain stable amidst market headwinds
The report found that regulatory developments are increasing confidence.
2 days ago
Gov’t enhances two funding schemes for SMEs
The changes will apply to funding requests received from 14 March.
6 days ago
Millennials and Gen Z drive 76% surge in Hong Kong's revolving credit
Millennials accounted for 40% of new revolving credit users, whilst Gen Z’s participation more than doubled (+127.8% YoY).
Hong Kong to review listing rules and virtual asset licensing
It will also explore enhancing measures for the issuance and transaction of digital bonds.
Lendela appoints new CTO and CFO
The new CTO will be based in Malaysia, whilst the new CFO will be based in Singapore.
3 key trends shaping payment systems
Customers now demand seamless and rapid checkout experiences.
Rich Hong Kong families focus on savings but lack strong plans: survey
These families set a savings goal of $18m, which includes retirement planning and medical insurance, amongst others.
Hang Seng amongst first to execute offshore RMB bond repurchase
It leverages eligible onshore bonds held under the Northbound Bond Connect scheme as collateral.
Home loans in negative equity dropped to HK$195.1b in December
The number of cases fell, but the three-month delinquency ratio rose.
Hong Kong and GCC explore further collaboration in financial services
The first GCC Chapter was held at the Asian Financial Forum.
Paragon Capital expands into Hong Kong
The firm received two licenses to operate from the SFC.
HKVAX, Victory Securities ink MoU to advance virtual assets services
It also aims to reinforce Hong Kong's competitiveness in the global industry.
Emperor Capital Group's net profit rebounds to $66.4m in 2024
Basic earnings per share stood at $0.98.
Crypto adoption in Hong Kong lags at 24% despite rising optimism
Trust remains a challenge with 33% of non-users citing security concerns.
Specific licensing regime needed for fiat-referenced stablecoins
Hong Kong is still a leader in tokenised asset markets with the government’s multi-currency digital green bond issuance.
Octopus expands payment options for visitors to Mainland China
The new seamless payment solution is available starting this December.
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