Financial Services

Hong Kong set to vault to the top of global IPO league with $300b haul

A strong Q3 performance has boosted expectations of the SAR taking the top spot.

Hong Kong set to vault to the top of global IPO league with $300b haul

A strong Q3 performance has boosted expectations of the SAR taking the top spot.

Hong Kong mulls remote bank account opening in the Mainland

Facial recognition technology and biometric methods may be used.

HKD posts largest growth in 15 years as liquidity tightens

The local currency climbed by as much as 0.63% to $7.793 against the USD.

Credit card transactions up 15.4% to $137.3b in Q2

The number of credit cards in circulation hit 20.06 million.

Hong Kong doubles down to capture the green finance opportunity

Around 15 green bonds with an aggregate size of US$8b were issued in H1.

Hong Kong loses to Singapore in ease of corporate compliance

The SAR ranks seventh in APAC whilst the Lion City is second.

HSBC steps up Hong Kong and Singapore hiring to cash in on Asian goldmine

The bank is planning to add over 1,300 positions by 2022.

Hong Kong launches Faster Payment System in Smart Banking push

Consumers will soon be able to transfer funds instantly and without cost.

Wealthtech firms poised to snap up to 10% of wealth manager assets

Robo-advisors are steadily luring the tech-savvy mass affluent.

Hang Seng Bank enhances capabilities of AI-powered chatbot

‘HARO’ can now help customers manage their personal finances.

China's ultra rich set to boost Hong Kong wealth assets by 50% in 2023

HNWIs from the Mainland are edging out AuM from other APAC markets.

Hong Kong inks fintech cooperation deal with Brazil

The two central banks will share information and lead joint innovation projects.

Hang Seng Bank launches all-in-one payment collection service for merchants

Merchants may soon accept several payment methods through one integrated point-of-sale terminal.