Hong Kong
HKMA doubles RMB Business Facility quota to RMB100b
HKMA doubles RMB Business Facility quota to RMB100b
The RBF quota assignment considers past facility usage and pipeline.
Retail banks complete rollout of Money Safe anti-scam service
Mandatory face-to-face verification adds new layer of deposit protection
HKMA launches IP financing sandbox for innovative SMEs
Sandbox aims to assist pilot sectors in leveraging IP assets
Hong Kong banks race to hire AI-ready talent as skill gap widens
Software development will be the biggest talent shortfall by 2030.
KPay, Global Payments launch ‘Tap to Pay on iPhone’ service
Merchants can accept contactless payments using an iPhone XS or a later model.
StanChart enables Ascentium clients to easily open accounts in Hong Kong
Ascentium clients can also access StanChart’s referral network in Asian markets.
Dah Sing Bank extends US stock trading service to nearly 24 hours
It also modified its brokerage fee rate to US$0.015 per share.
Hong Kong’s credit card market cools as jobless rate hits three-year high
Gen Z demand also saw a decline during the quarter.
Bank of East Asia extends Tai Po branch’s business hours
It will be open until 6PM on November 27-28, 2025.
Hong Kong’s banks pressured by real estate stress and lower margins in 2026
Many banks have begun cutting property exposure.
DBS Hong Kong and KPay introduce collection management solution for SMEs
DBS MAX reportedly supports 29 online and offline collection methods.
ZA Bank’s stockback car has awarded HK$2.5m in rebates
This shows that the public is willing to step out outside traditional rebate models.
Hang Seng revamps branches, opens wealth centre at Kowloon main branch
The bank will open a wealth centre at Harbour City before the year ends.
AMINA HK can now offer crypto spot trading, asset safeguarding
Its services include 24/7 crypto spot trading, and crypto deposits and withdrawals.
SCSCL names new CEO
He brings with him 20 years of experience in China’s fixed-income capital markets.
Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong
Consumers can now pay with their e-CNY wallets in more than 100 local merchants.
ZA Bank rolls out Visa card offering stock rebates on spend
Every eligible transaction of at least HK$10 or more has a chance to receive stocks as rebate.
Commentary
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology