Frances Gagua
Hang Seng Bank launches instant transfer service JustPay
Hang Seng Bank launches instant transfer service JustPay
Users can make voice recordings and send animated greetings.
HSBC’s profit after tax down 17.91% to $5.5b in Q3
Operating expenses rose, whilst banking NII rose and wealth performance was strong.
Hong Kong’s BEA unveils multi-currency debit card
It supports withdrawal at over 2.5 million access points worldwide.
ShopBack Pay officially launches in Hong Kong
Octopus has added it as a payment option.
Hang Seng Bank declares Q3 interim dividend of HK$1.3 per share
Payment date will be on 13 November 2025.
Capitalisation pressures from Hang Seng Bank delisting ‘manageable’ for HSBC
HSBC is offering a 33% premium over the 30-day average closing price of its shares.
Hong Kong welcomes 18 new businesses
GlaxoSmithKline and Goertek Microelectronics are amongst the new entrants.
Hang Seng Bank upscales sustainability fund by 50% to HK$120b
Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.
Hong Kong suspends contractor from public tenders after fatal accident
The contractor must conduct an independent safety audit.
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.
Phase one of MBF portability approved
It will be implemented sometime in 2026.
PAObank surpasses HK$8b in customer deposits in Sept 2025
Deposits rose by HK$2b in just three months.
ZA Bank logs interim net profit of HK$49m in H1 2025
Net revenue rose 82.1% and net interest income rose 42.8%, the digital bank said.
Zurich partners YAS to launch rewards-based insurance for Hong Kong taxis
Eligible drivers will be provided personal accident coverage, amongst others.
T. Rowe Price unveils two retirement allocation funds for HSBC investors
The funds aim to provide monthly dividends at a fixed annual percentage rate of 6%.
Hong Kong ranks third in Global Financial Centre index
The city clinched the top spot in fintech.
Hong Kong and China expand Northbound Swap Connect to US$6.3b
It also expanded the list of dealers and is expanding repo business activities.
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