Financial Services

4 in 5 SMEs report easier bank credit approvals in Q3

Some, however, said the process was more difficult.

Victory Securities to market virtual asset structured products

These products enable investors to have higher potential returns. 

14 HK firms gain approval to join GBA wealth scheme

They can now offer cross-boundary investment services to GBA investors.

FCC Analytics taps Airstar and livi bank for federated learning AML

The initiative aims to enhance interbank cooperation whilst maintaining data privacy.

Hong Kong to issue more crypto licenses by year-end

Three virtual asset trading platforms are already licensed.

Hong Kong launches task force to reinforce asset, wealth hub stats

Hong Kong's assets under management exceeded $31t by the end of 2023.

HKMA issues RMB1b 3-year bonds at 2.13%

The bonds received RMB7.212b tender applications.

HK to subsidise 7 Guangdong residential care homes

This increases the number of care homes under the scheme to 11.

2024 Policy Address: Leaders commend gov’t plans to reinforce financial sector

The government will continue to forge financial cooperation overseas. 

2024 Policy Address: HK strengthens role as global risk management hub

The Insurance Authority will initiate a review next year. 

EMSD rolls out Green Welfare NGOs scheme applications

First batch applications will open on 14 October, whilst second batch opens on 30 November. The Electrical and Mechanical Services Department (EMSD)...

Home & Youth Affairs Bureau launches family education scheme

Deadline for submissions is on 22 November. The Home & Youth Affairs Bureau and the Family Council have launched a five-year “Funding Scheme on the...

Hong Kong boosts fintech growth

He held discussions with representatives from the financial regulators, fintech sector, academia, and research institutions.