Financial Services

IFEC launches a financial education fulcrum for Hong Kong citizens

The hub seeks to enhance Hong Kong citizens’ financial well-being.
4 days ago

IFEC launches a financial education fulcrum for Hong Kong citizens

The hub seeks to enhance Hong Kong citizens’ financial well-being.
4 days ago

UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts

Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.

Fintech startup streamlines SME credit assessment for banks through AI

With InRiskable, banks can assess SMEs’ credit risks with 80% less time and 97% accuracy.

HK enables retail investors to trade tokenised securities, boosting Web 3.0 growth

Prospectus and public offering regimes govern tokenised securities.

Gov’t proposes a $500b borrowing ceiling for bond schemes

The government will move the resolution to the legislative council on 17 March.

HTX platform withdraws license application in Hong Kong 

It withdrew three days after it lodged its application.

Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg

Investment banking analysts in Hong Kong earn 46% more than Singaporeans.

BOCHK grants $625.5m sustainable loan to Shangri-La Asia

Shangri-La will receive interest rate reductions when ESG targets are achieved.

Bonnie Chan to take over as HKEX CEO

Chan will succeed Alejandro Nicolas Aguzin.

Gov’t issues $6b digital green bonds

The two-year bonds are under the Green Bond Programme.

Mortgage loans drop 25.3% MoM in December 2023

The value of mortgage loans approved in December was $18.3b.

Mainland Chinese tourists fuel growth in Hong Kong’s life insurance market

The industry will grow 4.1% by 2028 due to more mainland tourists and the super aging population.

Octopus expands taxi QR payments

Operators can now accept payments from UnionPay, AlipayHK, and Alipay.

Financial trailblazers and innovators recognised at Hong Kong Fund Managers Awards 2023

Hosted by RaffAello Investment Management (HK) Limited, the prestigious event was held on 31 December 2023, in Conrad, Hong Kong.

Zurich Hong Kong and Hutchison Telecommunications join hands to promote travel insurance to customers

The partnership offers personalised travel insurance packages to customers.

MTR rolls out contactless bank card payment for train rides

Visa will be the first bank card that will be accepted for payment.

Endowus enters Hong Kong, challenging commission biases in financial advisory

The digital wealth advisor offers a 100% rebate on all trailer commissions.