Hong Kong

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. 

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.

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.

Hong Kongers used credit cards more on average in Q3: study

Card origination volumes contracted, but average card limits are higher.

ING coordinates US$260m sustainability-linked loan for HK’s Hop Lun

Hop Lun designs and manufactures products for more than 200 brands.

Hang Seng Bank warns of phishing SMS messages, fake WhatsApp accounts

These phishing SMS and fake accounts prompt users to provide their banking info.

Tap & Go joins Hong Kong-Thailand cross border retail payment service

Hong Kong Tap & Go customers can now pay in Thailand locally with just their app.