Hong Kong
Hong Kong unveils financial planning education services to youth
Hong Kong unveils financial planning education services to youth
The programme will offer information on financial management and saving.
DBS Hong Kong, Sun Hung Kai subsidiary unveil green payments
The supplier payment services are for Hong Kong’s construction industry.
BOCHK warns against remittance phishing email
The email reportedly intends to steal customers’ data.
Hong Kong extends green and sustainable finance grant scheme for 3 years
The grant scheme will also expand to cover transition bonds and loans.
Fubon Bank HK warns against fraudulent website
The bank has already reported the matter to the Hong Kong police.
HK mortgage loans in negative equity surpasses 32,000 in March
The delinquency ratio also jumped to 0.06% from 0.03% previously.
Hong Kong banks’ loans and deposits ‘virtually unchanged’ in March
But banks saw a decline in foreign currency and renminbi deposits.
HKMA denies links to firms claiming to assist in financial fraud cases
The central bank said that it has reported the case to the police.
Hang Seng Bank maintains HKD lending and savings rate
The lending rate is still 5.875% per annum.
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June.
HSBC’s profit dips to $12.7b in Q1; special dividend after Canada sale
A first interim dividend of $0.1 per share has been approved by the board.
Alipay+ enables 14 foreign e-wallets to pay in Hong Kong
About 90% of HK merchants now accept payments using foreign e-wallets.
Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
Hong Kong SME’s funding gap at $21.7b
About 1 in 3 small businesses who need money choose not to get a loan.
Deutsche Bank cuts 10 private banking roles in Asia: report
The bank has cut about 60 roles in Singapore and Hong Kong over the past year.
Hong Kong’s Mox Bank one of fastest growing digital banks worldwide
Mox has the 7th largest credit card book in the city and has 550,000 customers.
1 in 2 Hong Kong adults trying to break free from parents’ bad money habits
Adults have the tendency to mirror their parents’ money habits, both good and bad.