Hong Kong General Chamber of Commerce wants the government to review the cumulative impact of regulations on business costs to maintain the city’s competitiveness as a global financial hub. The chambe... ( read original story ...)
DBS Hong Kong customers to get new credit cards via mobile app
DBS Bank (Hong Kong) has launch the DBS Omni app, which allow customers to instantly get their hands on its credit cards via mobile phone in just a few minutes. This DBS Omni app leverages FinTech inn... ( read original story ...)
Hong Kong Strengthens Banks’ Resilience To Shocks By Implementing Loss-Absorbing Capacity Rules.
FIRO gives the Hong Kong Monetary Authority (“HKMA”) wide powers to intervene and manage a within scope bank when it becomes non-viable. Another key pre-requisite identified by the HKMA is to ensure t... ( read original story ...)
DBS Hong Kong lets customers apply for credit cards from mobile phone
In a world of instant gratification, DBS Bank (Hong Kong) is elevating the customer experience to a whole new level, with the launch of a revolutionary way for new customers to instantly get their han... ( read original story ...)
Standard Chartered Goes Instant Messaging with Clients in Singapore and HK
For Private Banking clients, these features will be rolled out in Singapore, Hong Kong and the United Kingdom in Q1 2019. The Priority Banking ‘Click2RM’ application will be available to Priority clie... ( read original story ...)
COMMENT: “I quit Hong Kong IBD for a trading job. But now I’m back in banking”
I started my career at a US investment bank in Hong Kong about seven years ago. The role ticked all the right boxes. Getting a job in IBD had been my career goal throughout my college days in the ... ( read original story ...)
Hong Kong economy cools as trade tension mounts
Hong Kong’s economic growth sank to a two-year low in the latest quarter and the government warned it will face headwinds from U.S.-Chinese trade tension, weakening global demand and higher ... ( read original story ...)
Hong Kong may step up monitoring of border after accusations Guangdong defence force stole land
Hong Kong land officials may step up monitoring of the border by taking aerial photos after mainland Chinese officers on the other side allegedly turned city land into a garden without permission. The ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) posting their strongest daily gains in nearly two weeks
Hong Kong shares ended firmer, after posting their strongest daily ... and as strong earnings from Tencent boosted tech firms. At the close of trade, the Hang Seng index was up 1.8 percent at 26,103.3... ( read original story ...)
Why is Hong Kong considered a tax haven?
Hong Kong, a Special Administrative Region (SAR) of China, is one of the leading financial capitals in the world. As such, many of the world’s leading banks have operations there. The island also has ... ( read original story ...)
Updated: BOC sells landmark Greater Bay Area bond
Morgan Davis reports. The Hong Kong-listed transaction, which raised the equivalent of about $1.827bn on Tuesday, was labelled a ‘Greater Bay Area bond’, as proceeds will be used for projects in the G... ( read original story ...)
Singapore and Hong Kong face flood of job applications from UK bankers spooked by Brexit
Recruiters in Hong Kong and Singapore have spotted a surge in enquires from London-based banking professionals wanting to relocate to Asia in the final run-up to the UK leaving the European Union. ( read original story ...)
As Bank of East Asia turns 100, chairman David Li plots digital future, says he’ll stay on until March 2021
David Li Kwok-po, the third-generation scion of Hong Kong’s oldest home-grown bank, Bank of East Asia, said he will remain active in managing the bank’s 200 global outlets at least until 82 years old, ... ( read original story ...)
Hong Kong’s tech startup scene is catching up with mainland China
The ascension of tech startups from mainland China onto the global stage has been well-documented, but what about Hong Kong? According to Duncan Chiu, chairman of the local Cyberport Investors Network ... ( read original story ...)