Financial Services
Approved mortgage loans dipped 2.8% to $45.3b
The number of mortgage applications also decreased by 26.5% MoM.
Approved mortgage loans dipped 2.8% to $45.3b
The number of mortgage applications also decreased by 26.5% MoM.
Overcoming regional pricing barriers
"Asian markets and customers are much too price sensitive!" "We are experiencing 20%+ growth. Why do we need to fix pricing? In Asia, it's about...
HKEX inks sign fintech MOU with Ping An
The deal aims to build Hong Kong’s capital market ecosystems.
HKMC unit launches relief measure for SME borrowers
Only interest payments have to be made during the moratorium.
Fintech network Rapyd ties up with TNG Fintech Group
Over 10 e-wallets will be incorporated into Rapyd’s payment methods.
Virtual bank data scientists are driving bank hiring
Employers are now looking for more data scientists and full stack developers for mobile and web applications that go beyond the traditional set of...
How Manulife is breaking growth ceilings in rapidly ageing and costly Hong Kong
Customer satisfaction is quantified at Manulife which puts the customer at the centre of everything it does.
Hong Kong banks' loan growth hit 1.1% in June
Loans for mortgages, building, and construction drove quarterly gains.
A third of Hong Kongers spend $746 on monthly subscription services
35% have been charged with bank fees, most of them because they forgot to pay.
How YouTrip is taking away the pain of overseas payment
The fintech startup helps its users save up to 3.5% on transaction fees and can even go as high as 5% in some cases.
Citi Hong Kong launches payment settlement feature Citi PayAll
Credit cardholders can settle one-off or recurring payments on the app whilst earning points.
Hang Seng Bank adds forex functionality to AI-powered chatbot
Users can request data on current rates and detect nearby FX ATMs.
Hong Kong's laid off banking expats struggle to find jobs
Expats may turn to lower-paying options following Deutsche and Nomura's job cull.
AXA launches CritiPartner Plus Critical Illness Plan
It will provide financial support for cancer patients as early as Stage I/II.
Academy of Finance launched
It aims to nurture financial leadership and encourage monetary and financial research.
Hong Kong lenders shrug off virtual banking threat
Account fees, which were waived, represent only a negligible income source.
Hong Kong banks to scrap minimum balance fees
HSBC, BEA, StanChart, and Hang Seng did the move in anticipation of stiffer competition from virtual lenders.
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