Financial Services

DBS Hong Kong, Haier Group sign $3.11b ESG-linked loan

The group will commit to reducing its energy consumption per business unit.

DBS Hong Kong, Haier Group sign $3.11b ESG-linked loan

The group will commit to reducing its energy consumption per business unit.

HK has 3rd highest adoption rate of neobanks: EY survey

The city ranked behind Germany and Mainland China.

Standard Chartered nabs an award in the Wealth Banking category at the HKB Greater Bay Area Enterprise Awards

The bank accelerates market influence to boost its brand and thought leadership in the region. 

Hang Seng, HKTDC form one-stop digital solutions platform

InnoClub will provide solutions in three focus areas.

UOB and HSBC act as green loan coordinators for $1.85 loan

The Gaw Capital Partners-led consortium will use the loan for the acquisition of office buildings.

NFT adoption rate to soon hit 21.1%: report

The report said about 10.4% of locals are planning to own NFTs in the future.

Why HK is the ideal platform for mainland GBA firms seeking global expansion

HKTDC, ACCA list services HK can offer for businesses expanding in RCEP markets.

JP Morgan chief hits HK’s pandemic rules

The strict measures made it hard for the investment bank to retain staff in HK.

Who is the top syndicate manager in Asian G3 bonds for 2021?

The top manager for 2021 also placed first in last year’s ranking.

HKMA announces 19 eligible banks for cross-boundary WMC

Three of the 19 banks include HSBC, Citibank, and Standard Chartered.

HKMC issues record corporate debt of $60.9b for H1

The total corporate debt issuance tripled from last year.

Centaline, Midland sue debt-laden Evergrande over unpaid commissions

Embattled Chinese developer owes the agencies millions in commissions.

Nearly 9 in 10 Australian CPAs based in HK commit to net-zero goals

Meanwhile, 78% of HK CPAs also recognised their role in reducing CO2 emissions.

Total deposits slightly edge down by 0.1% in August

Meanwhile, total loans and advances increased by 0.3% in the same period.

HKEX launches OCG-C centralised access trading platform

This shows HKEX's commitment to building efficient tech solutions.

Green finance in APAC to grow amidst data and disclosure gaps

But is it growing fast enough for the region to achieve climate goals?

Credit card circulation decrease by 1.5% in Q2

Payment card usage increased by 18.8% QoQ in Q2 2021.