Frances Gagua
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal.
Ant International eyes stablecoin licenses in Hong Kong, Singapore: report
The unit is reportedly seeking a related permit in Luxembourg, according to sources.
MoneyHero expands wealth product offerings with OSL partnership
Users can now compare digital asset account products.
Axa Hong Kong and Macau launch Max Goal II Insurance Plan
It promises a breakeven timeframe of 5 years.
Hang Seng Bank opens MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays.
FuSure expected to maintain strong balance sheet as it expands business
It recently received a long-term reinsurance license authorisation from Hong Kong regulators.
HKMA, HKUST Business School ink MoU for applied cybersecurity research
They will explore supervisory tech and regulatory tech.
PAObank names Ronald Iu as chief executive
Iu has previously served as chief executive of two other digital banks in Hong Kong.
Hong Leong Bank’s profit down 9.36% to $1.75b in Q3
Its profit for the first nine months of the fiscal year is up 0.71%.
HSBC unveils Tokenised Deposit Service in Hong Kong for treasury management
Ant International is HSBC’s first client to adopt the service.
HSBC enhances entrepreneurial wealth proposition in Hong Kong
It has launched two programmes to support businesses and private banking clients.
Rising tax scrutiny puts pressure on private equity, venture funds: report
Authorities are ramping up collection efforts, a tax partner said.
ZA Bank welcomes passage of Hong Kong stablecoins bill
They are engaged in in-depth discussions with several potential stablecoin issuers.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Unemployment rate up 3.4% in Feb-Apr 2025
Total employment decreased by around 15,600.
Hong Kong’s card receivables down 5.8% to $19.5b in Q1
Delinquent and rescheduled ratio was 0.42% as of end March 2025.
DBS Hong Kong unveils new membership tier for treasuries clients
Clients can enjoy brokerage fees starting at just 0.1%.
Commentary
Strategic location tips for playgroups and education centres