Financial Services

Hong Kong consumers more willing to share data than UK and Germany: survey

Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.

Hong Kong consumers more willing to share data than UK and Germany: survey

Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.

Fitness app developer OliveX nabs US$1m funding

Fasting tracker Vora is part of the developer's offerings.

Expense tracker gini raises $1.6m seed fund

The startup aims to make money management across markets easy and accessible.

Hong Kong credit card balances up 5% to $17.33b in Q4

The balances of Generation Z customers skyrocketed 89%.

Insurers gear for Hong Kong's $1.27b national health insurance programme

The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.

Hang Seng Bank's profits up of 21% to $24.2b in FY2018

Their retail banking and wealth management arms account for 51.2% of the bank’s pre-tax profits.

Which bank enjoys the highest customer satisfaction in Hong Kong?

This lender occupies the top spot for the second straight year.

Hong Kong's Finance Academy to open in mid-2019

It aims to nurture financial leadership and encourage applied research in cross-sectoral areas.

BEA's profits crashed 30.4% to $6.5b in 2018

Weak investment activity hit its retail and private banking arm.

Struggling Chinese firms to lift Hong Kong banks' classified loan ratio to 0.75% by 2019

The number of defaults quadrupled to hit a record $17.68b in 2018.

Online banking scams rose threefold in 2018: HKMA

There were 62 cases of phishing last year.

Mortgage loans down 20.7% to $23.5b in December

Weakening property demand has weighed on loan growth.

Hong Kong banker bonuses drop by a fifth as stock markets fall

Some local brokers had to make do with a lai see.

Branding is the foundation that every Hong Kong startup needs to ensure success

Over the past few years, Hong Kong has established itself as one of the hottest global hubs for startups. As the region’s financial hub, as well as...

Hong Kong accounting firms digitise faster than Singapore counterparts

Around 81% of local firms use automation apps compared to 34.5% in Singapore.