Financial Services

Hong Kong eases stamp duty and eyes gold tax incentives

Hong Kong eases stamp duty and eyes gold tax incentives

They will also help set up a trade association for the gold industry, said FS Chan.

MPFA to roll out 'MPF Full Portability' phase one this year

The move covers employees hired from 1 May 2025.

Electronic bond trading platform to launch in H2

Hong Kong will also encourage more digital bond issuances.

Hong Kong doubles RMB business facility to $227.27b in global RMB push

They seek to increase RMB bond issuance and increase cross-border RMB transactions.

WeLab Bank kills FX fees with HK’s first multi-currency debit card

The new Mastercard allows spending in 11 currencies at "at-cost" prices.

DBS raises US$272m for PIMCO’s 60/40 fund

Singapore and Hong Kong customers were able to invest at a minimum of S$1,000 or HK$20,000.

Standard Chartered named sole securities provider for First Sentier HK funds

The move strengthens the bank's fund services leadership across Asia.

China Taiping forecasts 225% profit rise on higher investment

The company’s insurance business remains stable and healthy.

Gov’t issues third digital green bonds offering at $10b

The bonds, issued on 10 November, were denominated in HK dollars, renminbi, US dollars, and euros.

Innovating CSDs: What Hong Kong can learn from Euroclear Cash+

Cash+ and similar offerings democratise scrip dividend arbitrage.

HeyMax expands to Hong Kong with Cathay loyalty partnership

Broader integrations are underway with MoneyHero, Octopus, Preferrd, and Visa.

Mortgage loans approval up 9.4% to $31.4b in September.

Mortgage applications for the month dipped by 1.1%.

Over six in ten say credit card perks boost spending frequency: survey

About 90% cited cash rebates and reward schemes as primary spending drivers.

Where to get funding for your SME in Hong Kong?

A wide range of financing options empower SMEs to innovate, expand, and stay competitive in both local and global markets.

Visa launches Click to Pay digital checkout service in Hong Kong

The solution aims to offer a faster and more secure experience for both consumers and merchants. 

Hong Kong ranks fourth in global FX, top offshore RMB hub

Average daily turnover of FX transactions is 27.2% higher in 2024 compared to two years earlier.