Hong Kong
Hong Kong's wealth ambitions extend beyond $3.3t in assets
Hong Kong's wealth ambitions extend beyond $3.3t in assets
Mass affluent clients drive growth alongside high-net-worth individuals.
29 minutes ago
Private banks must prove advisory value as fintech and AI undercut prices
Banks must recognize clients’ independence and raise advisory value.
16 hours ago
BOCHK exec sees finance moving beyond the bank app
The bank's priorities include data synchronisation and capturing wealth inflows in Hong Kong.
16 hours ago
Hong Kong's 'gold hub' position hinges on ecosystem players: FSDC
Geopolitical shifts could make Asia more attractive to precious metals investors and asset owners.
17 hours ago
Prudential says AI could cut insurance product development to 6 weeks
Traditional actuarial processes can take 4 to 6 months.
17 hours ago
Hang Seng TECH revamp opens index to smaller growth companies
The benchmark's new composition takes effect on 7 December.
20 hours ago
Hong Kong prepares new virtual asset rules and wider tax breaks
The proposal for the new tax concessions has been submitted to the legislative council.
23 hours ago
BOCHK and XTransfer team up on cross-border trade payments
They will provide one-stop financial services for foreign trade enterprises.
2 days ago
Ant International completes live HKD interbank payments
The transactions involved BOCHK, CCB Asia, and HSBC.
2 days ago
HSBC to launch teck institute to tackle agentic AI fraud
The Hong Kong University of Science and Technology joins as the anchor academic partner.
2 days ago
Standard Chartered unveils tokenised deposit services in Hong Kong
Companies that have made live tokenised deposit transactions include China AMC, Finloop, and PantherTrade.
2 days ago
Towngas green hydrogen projects gain DBS backing under MOU
DBS Hong Kong will provide a loan to fund the projects.
3 days ago
Only 1 in 5 people in Hong Kong trust banks to stop deepfake scams
FIS finds 41% have experienced or know someone targeted by AI impersonation fraud.
4 days ago
HSBC bets on retail base to drive stablecoin adoption
RedCoin is rolling out in the PayMe app that is used by 3.3 million users and 100,000 merchants.
Wealth and capital markets to lift Standard Chartered HK profits
The bank’s net interest margin is expected to remain stable over the next two years.
HSBC launches Hong Kong dollar stablecoin on PayMe
More than 100,000 merchants can accept RedCoin through the platform.
Ping An Digital Bank offers $6.4m trade loans to SMEs
New facilities use alternative credit data with funding available in as fast as one business day.
Commentary
The next competitive advantage in banking AI is explainability, not automation
The hidden realities of succession for next-gen heirs
The stablecoin conversation is missing the everyday user
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how