Financial Services

Hong Kongers prefer mobile wallets despite glitches over call centres and OTC banking

They welcome the convenience and all-day accessibility of digital alternatives.

Slashed tax duties but no cash handouts for Hong Kong despite staggering surplus

The budget address disappointed residents waiting for a repeat of the 2011 handout scheme.

Hong Kong loans grew 16% in 2017 amidst soaring property prices

It posts one of the largest loan growth in Asia, easily beating Singapore, Thailand, Indonesia and Malaysia.

Hong Kong inks fintech cooperation with Switzerland

It lays out a bilateral mechanism for companies entering one another’s markets.

Hong Kong bosses prefer to upskill than hire to combat market disruption

31% aim to leverage the expertise of other businesses by partnering with digital agencies.

3 in 5 executives laud government fintech initiatives

They belive it is key to maintain Hong Kong's financial dominance.

Prime rates will not immediately rise after Fed hike: OCBC

Banks have enough money to delay its implementation.

How will amendments to China's tax treaty benefits impact listed companies?

Companies might want to restructure to take advantage of the guidelines.

Government willing to spend fiscal reserves on education

Even if it means going beyond the $5b additional funding, said CE Lam.

How will the amendments on OFC tax exemption address industry concerns?

It remains vague on issues other than ring-fencing and tax leakage.

Government should amend tax measures to boost international financial hub status

It’s high time to boost the private equity fund and asset management industry.

Hong Kong banks bust out the chatbots

Digital savvy clients may soon prefer to interact more with chatbots.

Hong Kong scores top Asian fintech investment as China's unicorns take a break

WeLab’s $220m series B funding round has some big-time backers including Alibaba.