Financial Services
HKTDC signs first MOU with Singapore-based bank
HKTDC signs first MOU with Singapore-based bank
The partnership also aims to generate job opportunities and strengthen communities across both regions.The Hong Kong Trade Development Council (HKTDC)...
2 days ago
Morgan Stanley added to financial services providers list
105 financial institutions listed keep improving global OTC derivatives markets.
HSBC boosts reserves after court backs capital cancellation
It cancelled US$1.8b from its capital redemption reserve.
Government opens public consultation on regulating money lenders
Comments can be sent on or before 22 August.
New payment systems integrated into Kai Tak Sports Park
More than 300 payment terminals have so far been installed.
Hang Seng Bank funds $20m green loan for low-noise equipment
The financing will support the acquisition of electric construction machinery designed to reduce noise and emissions on building sites.
Hong Kong to log largest rise in bad loans in APAC in 2025
Banks in Hong Kong and the mainland still face subdued loan demand.
Credit card issuance slows in Q1 2025 amidst soft retail demand
Gen Z accounted for 26.9% of total originations.
Mastercard, HSBC Hong Kong to offer privileged access to Live Nation events
Eligible cardholders can have early access to priority booking before public sales.
HashKey expands bank services to 32 countries
The platform now supports transfers in CNH, HKD, USD, and EUR.
4 in 5 consumers hold only credit cards: report
Only 11% belong to the "flexible funding wallet" segment.
Gov’t OKs revised Banking Bill 2025
The ordinance will enable banks to share account information to detect and prevent crimes.
About 74% of HK SMEs struggle with payment reconciliation: survey
21% strongly agreeing that reconciliation poses a critical challenge, compared to 9% of small businesses.
Gov’t greenlights Stablecoins Bill
The bill is expected to come into effect this year.
Gov’t hikes fees for land registration
The fee adjustments will range from 15% to 30%.
Hang Seng Bank opens flagship wealth centre in Central
The new facility is the largest amongst the bank’s nine such centres across Hong Kong and mainland China.
HKEX reappoints Carlson Tong as chairman
His chairmanship will coincide with his term as an HKEX board member.
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How companies can use the new cybersecurity bill to their advantage