Hong Kong

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.