Hong Kong

Bank of China Int'l Holdings issues first tokenised notes in Hong Kong

The product was derived from UBS, to which it marketed to its APAC clients.

Hang Seng Bank to launch RMB counter on 19 June

The bank’s shares will be designated as dual counter securities by the stock exchange.

Citi unveils automated settlement solution in Hong Kong

This connects to Hong Kong's central clearing and settlement system.

HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong

Users will be able to utilise the digital logistics platform and choose extended payment terms.

Shareholder support key for Hong Kong virtual banks to weather failure risks

Six out of the eight virtual banks in the city reported narrower losses in 2022.

BOCHK warns customers against phishing messages, fake app

The case has been reported to the HKMA and the police.

Hong Kong’s livi bank launches game-changing app for SMEs

Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.

Hong Kong mortgage loans down 21.2% in April

The number of mortgage applications also dropped by 27.6% to 8,368 applications.

Hang Seng, Mastercard to launch the MMPOWER touch card

Cardholders can earn up to 5% +FUN Dollars whilst spending online and offline.

ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp

ING also acted as the sole finance adviser for the issuance's sustainable tranche.

Hang Seng warns customers of faux Instagram account

This is the fifth time in May that Hang Seng Bank warned of a fake account.

Hong Kong’s SFC to allow crypto trading

Final guidelines for crypto investment will become effective starting 1 June 2023.

Hang Seng says ‘be vigilant’ of new deceptive sites

Fraudulent websites may display the bank’s logo.