Financial Services
HKMA launches consultation on Open API framework
HKMA launches consultation on Open API framework
It is part of the agency’s initiatives to transition into an era of smart banking.
Hang Seng Bank rolls out first retail banking chatbots
Dori and Haro can communicate in Chinese, English and understand Cantonese.
Monetary Authority to develop faster payment system
It aims to provide banks with a system to provide real-time credit transfer.
Which sector dominated the IPO market in 2017?
A company from this sector raised a whopping $17.2b last year.
Investors still flock to Hong Kong's IPO market despite lacklustre year
Bloomberg reports that the recent IPO of Chinese eye-clinic drew the highest retail participation in 11 years.
HKQAA launches Green Finance Certification Scheme
It aims to support environmentally-friendly investments.
Hong Kong poised to top global IPO market in 2018
It is expected to raise as much as $250b this year.
FinTech loan platform WeLab raises US$220 million in funding from Alibaba, IFC
They are looking to extend services beyond the Greater China region.
Hong Kong's largest accounting firms in 2017
There is a huge demand for trust-related services due to looming data risks.
Hong Kong IPO proceeds fall 34% due to lack of mega listings
However, it snagged third spot globally in total funds raised with an expected $128.2b.
MoneyHero.com.hk raises US$50M in series B round led by IFC, Alibaba Entrepreneurs Fund, Goldman Sachs
The fund will be used to develop its proprietary technology and further expand its team.
HKMA raises base rate by 25 basis pts to 1.75% following Fed hike
This was the third increase this year.
Foreign currency reserves hit US$422.1 in November
The reserve assets represent more than seven times the currency in circulation.
Expect Mainland China to buoy the banking sector next year
As such, more companies are seeking professionals fluent in Mandarin.
Goldman Sachs slips to 30th place in arranging Hong Kong IPOs
It was in first place in 2014.
Hong Kong inks fintech deal with Dubai
It aims to facilitate financial innovation between the two markets.
FinTech Association launches guide on ICOs
It aims to help entrepreneurs who are looking at token sales to raise funds.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+
How student hostels conversion projects can qualify as social loans