Posts From Fintech News Hong Kong
MaiCapital Partners with Malaysia’s MyEG for New SFC-Approved Virtual Asset ETF
Malaysian e-government services provider MyEG Services Bhd has partnered with MaiCapital, a virtual asset manager licensed in Hong Kong, to develop an exchange-traded fund (ETF) approved by the Securities and Futures Commission of Hong Kong (SFC). The ETF will feature various
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Hong Kong Monetary Authority Enhances Support for SMEs with New Initiatives
In response to the evolving economic landscape and recent changes in consumer and tourist spending patterns, the Hong Kong Monetary Authority (HKMA) has introduced a series of new measures to further bolster its support for small and medium-sized enterprises (SMEs).
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Hong Kong Consumers Prioritise Credit Monitoring, TransUnion Study Finds
A recent study by TransUnion has highlighted a substantial increase in credit monitoring services among consumers in Hong Kong. Enrollments surging by over 194 percent in the three months leading up to September 2023 compared to the same period in
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The Bank of Singapore Names Rickie Chan as CEO for Hong Kong Branch
The Bank of Singapore, the private banking arm of OCBC, has appointed Rickie Chan as the new Chief Executive Officer of its Hong Kong branch. The announcement was made earlier today, confirming Rickie’s additional responsibilities alongside his current Head of
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Hong Kong Financial Security Efforts Strengthened Under HKMA’s Reforms
In her concluding address at the ACAMS conference in Hong Kong, Carmen Chu, the outgoing Executive Director (Enforcement and AML) at the Hong Kong Monetary Authority (HKMA) provided an overview of the advancements made over the past seven years, highlighting
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Hang Seng Bank Introduces PayDay+ for Payroll Account Customers
Hang Seng Bank has introduced PayDay+, a new service for customers who transfer their payroll accounts to the bank. This service offers a Hong Kong Dollar savings rate of up to 6 percent per annum. This initiative responds to customer
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Hong Kong Fintech KPay Opens Singapore Office, Targets Tripled Merchant Network
KPay, a fintech and payments company based in Hong Kong, has expanded its operations to Singapore by establishing a headquarters there. The company currently partners with over 30,000 merchants across Asia, including 3,000 in Singapore. To support this growth, the
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Hong Kong to Launch Credit Data Smart to Enhance Credit Services
Credit Data Smart is scheduled to launch on 26 April, marking a significant step in the “Fintech 2025” strategy aimed at enhancing Hong Kong’s data infrastructure for financial technology. The launch is in collaboration with the Hong Kong Association of
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Job Cuts Hit Morgan Stanley and HSBC in China and Hong Kong
In a move reflecting the challenging market conditions in the Asia-Pacific region, particularly in Hong Kong and China, global investment banks Morgan Stanley and HSBC have recently implemented targeted job cuts within their investment banking teams. Sources indicate that Morgan
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Endowus Launches Full-Service Wealth Management Platform in Hong Kong
Endowus, an independent digital wealth advisor in Asia, has officially launched its comprehensive wealth management platform in Hong Kong. The launch follows significant technological enhancements aimed at better serving local investors. The platform includes a bilingual, full-featured version of the
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