Hong Kong
Hang Seng Bank upscales sustainability fund by 50% to HK$120b
Hang Seng Bank upscales sustainability fund by 50% to HK$120b
Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.
PAObank surpasses HK$8b in customer deposits in Sept 2025
Deposits rose by HK$2b in just three months.
ZA Bank logs interim net profit of HK$49m in H1 2025
Net revenue rose 82.1% and net interest income rose 42.8%, the digital bank said.
HSBC Hong Kong names Industrial Bank as third Mainland WMC partner
HSBC’s Southbound offering includes more than 200 products.
Hong Kong ranks third in Global Financial Centre index
The city clinched the top spot in fintech.
Hong Kong unveils roadmap to develop its fixed income and currency markets
They aim to attract more issuers to the city.
Hong Kong and China expand Northbound Swap Connect to US$6.3b
It also expanded the list of dealers and is expanding repo business activities.
Wealth customers turn to private markets for higher returns
US tech firms are helping drive interest, said digital wealth firm StashAway.
ZA Bank CEO sharpens focus on wealth, digital assets
The digital lender plans to launch Hong Kong stock trading later this year.
China CITIC Bank Int’l adjusts down HKD prime rate to 5.375%
This is 12.5 basis points lower than the previous 5.5% rate.
ZA Bank surpasses 1 million customers
The Hong Kong-based digital bank saw deposits and card transactions rise in H1.
Chart of the Week: Hong Kong card payments to hit $233.5b by 2029
Growing preference for contactless payments will lift the value up.
Hong Kong’s credit card transaction value decline in Q2
This is despite the volume of transactions rising during the quarter.
ZA Bank backs Hong Kong policies on AI and tokenisation
The Policy Address also introduced support for SMEs.
Hong Kong eases info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
Hang Seng Bank backs policy measures to bolster markets, finance
Chief exec Diana Cesar said that they will continue to work closely with Hong Kong authorities.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance