Financial Services
HKCDAA unveils new headquarters in Wan Chai
HKCDAA unveils new headquarters in Wan Chai
The institute held its inauguration ceremony at the China Everbright Centre on 15 April.
MoneyHero to launch Credit Hero Club in Q2
It will help users boost their credit profile and access more financial products.
Gov’t expands GREEN$ scheme with redeemable e-points
E-points can be used to redeem gifts at over 500 retail stores.
Stable credit use seen in youth, but education gaps remain: survey
TransUnion warns that continued financial education is essential to maintain and improve these positive trends.
Hong Kong to update virtual asset policy
It will focus on Web3 innovation.
HKMA welcomes Euroclear in tokenisation project
The initiative aims to develop the tokenisation ecosystem in Hong Kong.
AEON net profit up 2.1% YoY in FY2024/25
Revenue rose 8.4% YoY to $1.759b.
Hong Kong ECM raises $129.97b in Q1, led by BYD and Xiaomi
The rise was primarily driven by two major follow-on offerings in March.
Securities industry profits up 56% to $44.4b in 2024
Income from underwriting and placing of securities more than doubled.
Gov’t aims to attract more family offices with new measures
Currently, Hong Kong has more than 2,700 family offices.
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.
Trust industry to remain stable amidst market headwinds
The report found that regulatory developments are increasing confidence.
Gov’t enhances two funding schemes for SMEs
The changes will apply to funding requests received from 14 March.
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.
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