Hong Kong
Endowus unveils new diversified investment portfolios for Hong Kong investors
The CashUp Portfolios are single investment products that provide exposure to multiple funds.
Endowus unveils new diversified investment portfolios for Hong Kong investors
The CashUp Portfolios are single investment products that provide exposure to multiple funds.
Hang Seng enables credit card customers to use loyalty points in AlipayHK
They can use their loyalty points to pay at over 150,000 outlets that accept AlipayHK payments.
Hong Kong’s Bank of East Asia inaugurates tower in Qianhai
It will serve as the bank’s strategic hub in the Greater Bay Area.
HSBC to distribute Schroders multi-asset income fund
The launch of the fund comes as a response to the current high inflation and interest rate environment.
Hang Seng Bank launches investment and life insurance plan
70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses.
HSBC HK unveils debit, supplementary card waiving foreign currency fees
The cards also offer a 0.5% instant cash rebate on all spendings.
AlipayHK warns of phishing messages
There are individuals sending out messages claiming to be from AlipayHK.
HSBC launches Premier Elite for high-value customers
The bank collaborated with actor and director Stephen Fung for its launch campaign.
Hang Seng Bank warns against fake mobile investment app
The app falsely uses the Hang Seng Bank logo.
ZA Bank rolls out tax loan, offers cash rewards
Even unsuccessful loan applicants can receive a reward.
HKMA reprimands TNG Asia for inadequate compliance systems
The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.
ZA Bank’s Global Transfer service helps save HK$4m in transfer fees
Over 90% of the international money transfers are completed within a day’s time.
The Bank of East Asia builds data lakehouse for predicting trends, better CX
BEA will deploy a range of data analytics solutions from Google Cloud.
Bank of China HK uses e-CNY for $5.1m cross-boundary settlement
It's a stepping stone towards the normalization of e-CNY use amongst BOCHK's corporate customers.
Hang Seng Bank’s prime lending rate remains 5.875% per annum
Its deposit savings rate also remains unchanged.
JPMorgan Chase eyes outsourcing Hong Kong, Taiwan custody business
The bank is reportedly in the process of selecting another bank to take over operations.
Hong Kong publishes revised code of banking practice
Institutions are expected to achieve full compliance within 6 months.