Frances Gagua
Retail investors turn to private markets for higher returns
Retail investors turn to private markets for higher returns
US tech firms are helping drive interest, said digital wealth firm StashAway.
HSBC rolls out cross-border tokenised deposit service
TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.
Hong Kong relaxes info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
ZA Bank surpasses 1 million customers
The Hong Kong-based digital bank saw deposits and card transactions rise in H1.
Credit card transaction value decline in Q2
This is despite the volume of transactions rising during the quarter.
ZA Bank backs Hong Kong policies on AI and tokenisation
The Policy Address also introduced support for SMEs.
Hang Seng Bank backs policy measures to bolster markets, finance
Chief exec Diana Cesar said that they will continue to work closely with Hong Kong authorities.
RMB Business Facility to be launched
The government plans to issue more RMB bonds and set gov’t expenditure in RMB.
Singapore and Hong Kong enhance banking supervision cooperation
It enhances supervision of cross-border operations of banks under their purview.
Hong Kong's banks urged to explore tokenised deposits and assets
Authorities are expected to work together to regularise the issuance of tokenised bonds.
Hong Kong to roll-out measures to strengthen stock and bond markets
They seek to encourage more secondary listings by overseas enterprises.
Tax perks for funds and family offices set to be enhanced
It hopes to attract more funds to establish a presence in Hong Kong.
Bupa Hong Kong names Albert Fung as director of group business & partnerships
He will lead the channel services new business team, amongst other roles.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
Alipay+ Voyager customers can book Grab rides in their e-wallets
The service is available to users of Alipay, AlipayHK, and GCash.
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
Hong Kong opens consultation on phase 2 of green finance taxonomy
It added 13 new economic activities and expanded sector coverage.
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