Financial Services

DBS Hong Kong launches fully virtual wealth management account

DBS Hong Kong launches fully virtual wealth management account

Customers can now set-up a multi-currency savings and wealth management account through their smartphones.

Tech, real estate deals buck PE decline as Chinese deal appetite falls

Exits are becoming tougher and investors have no choice but hold onto assets as returns decline.

Bank profits may take hit amidst protests

Asset quality will also weaken, according to analysts.

Bank of East Asia forges digital banking partnership with five firms

Customers can apply for loans and purchase products online in these platforms.

AXA Hong Kong's LifeDelight Insurance Plan goes live

The new plan offers life protection up to age 138.

Hong Kong fintech YouTrip obtains principal license from Mastercard

This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.

Approved mortgage loans dipped 2.8% to $45.3b

The number of mortgage applications also decreased by 26.5% MoM.

Overcoming regional pricing barriers

"Asian markets and customers are much too price sensitive!" "We are experiencing 20%+ growth. Why do we need to fix pricing? In Asia, it's about...

HKEX inks sign fintech MOU with Ping An

The deal aims to build Hong Kong’s capital market ecosystems.

HKMC unit launches relief measure for SME borrowers

Only interest payments have to be made during the moratorium.

Fintech network Rapyd ties up with TNG Fintech Group

Over 10 e-wallets will be incorporated into Rapyd’s payment methods.

Virtual bank data scientists are driving bank hiring

Employers are now looking for more data scientists and full stack developers for mobile and web applications that go beyond the traditional set of...

How Manulife is breaking growth ceilings in rapidly ageing and costly Hong Kong

Customer satisfaction is quantified at Manulife which puts the customer at the centre of everything it does.

Hong Kong banks' loan growth hit 1.1% in June

Loans for mortgages, building, and construction drove quarterly gains.

A third of Hong Kongers spend $746 on monthly subscription services

35% have been charged with bank fees, most of them because they forgot to pay.

How YouTrip is taking away the pain of overseas payment

The fintech startup helps its users save up to 3.5% on transaction fees and can even go as high as 5% in some cases.

Citi Hong Kong launches payment settlement feature Citi PayAll

Credit cardholders can settle one-off or recurring payments on the app whilst earning points.