Financial Services
What Hong Kongers are saving their money for?
Inflation, however, is hindering them to pursue these goals.
Hong Kong rolls out roadmap to boost insurance sector
The roadmap seeks to enlarge insurance firms’ access to other markets amongst others.
Approved mortgage loans drop 4.7% MoM in October
The drop was likely due to the decrease in applications during the same month.
Hong Kongers trust ‘Big Tech’ more than banks for banking services: survey
86% said they trust big tech as much as or more than banks.
Hungry for money: 6 in 10 millennials will work more to increase their wealth
They are even willing to compromise their relations to maximise their riches.
Dah Sing Bank adjusts HKD deposit and prime rate
The new rates will take effect from 7 November.
HKMA raises its base rate to 4.25%
The new rate took effect on 3 November.
Fintech enterprises in Hong Kong grows to over 800 within 5 years
This is up from 180 fintech firms.
Hong Kong pension system ranks second in Asia: report
It ranks 19 out of 44 in the global rankings.
Health vs wealth: What’s more important for Hong Kongers?
HSBC Life’s +Factor Study reveals key insights into how health and financial well-being impact lives.
Longer golden years are not as glittery for most Hong Kongers
Most are worried about worsening health and outliving their savings.
First sustainability-linked facility for MICA Group approved: DBS HK
The facility has a tenor of six months.
Hong Kong opens application for fintech subsidy
The pilot scheme will reimburse up to 80% of the training cost.
7 in 10 Hongkongers will avoid cross-border payment providers lacking transparency
Hidden costs are amongst the main challenges for locals when making money transfers.
Hong Kong improves to 4th place in global financial centres ranking
It rose four places with an overall rating of 725.
What are 6 financial services trends that will emerge in the GBA in the next 5 years?
One of them is close collaboration amongst authorities.
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