Financial Services
Hong Kong beats Singapore in ease of doing business
It ranks the fourth easiest place to do business in Asia.
Hong Kong beats Singapore in ease of doing business
It ranks the fourth easiest place to do business in Asia.
Hang Seng Bank extends FPS QR code payment solution to 1,000 merchants
Retail merchants can provide their customers with an additional contactless payment option at the point of sale.
Bupa launches health insurance plan under VHIS
Bupa MyFlexi VHIS Plan offers 270 days hospitalisation coverage.
Hong Kong raises US$1b in oversubscribed first green bond
Half of investors that placed orders came from Asia and nearly a third from Europe.
Hong Kong grants four more virtual banking licenses with Ant Financial and Tencent entering fray
A unit backed by Chinese insurer Ping An also scored a license.
Eldercare costs in Hong Kong hit $38.8b annually: study
Businesses are also bearing the cost as the indirect cost of eldercare to employers hit $1.8b.
Manulife Hong Kong unveils senior executive promotions
George Lung and Johnny Chan will serve as senior executive regional director.
3 in 5 Hong Kongers prioritise data security over fast banking
Only 47% cited quick and easy banking as their top priority.
HKMA unveils measures to promote green finance development
HKMA is setting up a centre for green finance.
Hong Kong bank loans up 1.1% in March
Loans for use inside Hong Kong rose by 1.2%.
Hong Kongers still HK$3.75m short to afford retirement living: study
The median of current individual total assets is only $750,000.
Regulators calls on Chinese banks to review opaque lending rules
It singled out an unnamed Chinese lender that engaged in share pledging.
Hong Kong keeps hiring grip on bankers despite rising costs
Hiring mandates for private equity, property, and venture capital rose 40%.
How will IFRS 16 impact Hong Kong corporates?
The new international accounting standards on treatment of leases will have a serious impact on the financials and operations of many companies in...
Hong Kong shapes up in heating virtual banking race
The first batch of licensees were granted to applicants with experience in running a deposit-taking and lending business.
AXA Hong Kong launches Voluntary Health Insurance Scheme
The insurer will offer personal reimbursement for hospitalisation.
Hong Kong bank loans grow 3.03% in February
Trade finance loans fell for the sixth straight month to $477.7b.
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