Financial Services
RedotPay uses stablecoins to cut cross-border payment costs
RedotPay uses stablecoins to cut cross-border payment costs
Its cards can be used at more than 130 million merchants globally.
Prop trading not eligible for carried interest tax concessions: Gov’t
Proposed regime covers eligible carried interest but excludes proprietary trading.
Hong Kong stablecoin licences test bank readiness
Banks must build on-chain compliance and custody capabilities whilst local-currency tokens search for viable use cases.
Silver Bonds worth $50b to be offered at 4.25% floor rate
Eligible residents can subscribe up to $1m under the three-year retail bond offer.
TransUnion names new TUCIS independent director
Helen Kan was executive director and deputy ceo of China CITIC Bank International.
Investors can now pay stamp duty in RMB
It is expected to increase the RMB counter’s turnover and liquidity.
FSTB rolls out gold clearing pilot with Shanghai link
This forms part of a full-chain gold trading ecosystem.
Institutional investors widen RMB use, prefer offshore markets, HSBC say
Three in four investors expect investment use of the currency to increase.
Credit card balances rise as revolving lines fall
Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.
Hong Kong port platform expands into trade finance
The system targets SMEs that face high financing costs and slow loan approvals.
Hong Kong ranks fourth in APAC financial services talent index
Colliers said the city remains one of the region’s leading Global Centres, supported by strong industry output.
IPOs spur bank hiring rebound
Workforce across 15 lenders fell 0.73% to 74,376 in 2025.
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers
This pushes bankers to think under pressure – the skill that differentiates a commoditised analyst from a strategic advisor.
Gig workers hit credit barriers despite 95% prime risk tiers
Compared to a wider market, 82% meet repayments without difficulty.
Hang Seng Bank launches NFC-powered e-Passbook for seniors
Users can tap their phones to view balances and request records of up to 7 years.
Trust planners face pressure as Hong Kong entrepreneurs go global
Differing legal systems can create friction for businesses operating across borders.
GREEN$ to link with AlipayHK as EPD phases out physical card points
Starting 4 May, unregistered GREEN$ physical cards will stop earning points.
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Commentary
How Hong Kong SMEs should set boundaries for agentic AI in B2B selling
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how