Beast, the fintech collaboration platform of Bank of East Asia (BEA), will organise its first fintech day in October, as part of its efforts to develop a technology ecosystem in …
Hong Kong and Shenzhen have begun to test cross-border information verification between the two cities, as they take early steps in enabling the exchange of business data across the Greater …
Hong Kong’s three note-issuing banks – HSBC, Standard Chartered, and Bank of China (Hong Kong) – announced on Thursday that they will keep their lending and deposit rates unchanged after …
A confirmor sale occurs when a purchaser or confirmor enters into an agreement for the sale and purchase of a property with the owner or vendor, but before completion sub-sells …
The bank’s debt in the country’s commercial real estate sector has come down to 7.7 per cent of total lending, just over half what it was two years ago, and …
“HSBC has been actively participating in Qianhai’s financial pilot schemes since the beginning, and we were one of the first banks to participate in yuan cross-border lending and the Wealth …
Developments like these have enticed high-net-worth individuals from the mainland to use Hong Kong as a base to manage their investments and diversify their portfolio. “I am very impressed by …
2023 marked the second year of growth for Hong Kong’s banks, after three straight years of compressed margins and slump, as the recession wrought by the Covid-19 pandemic and the …
Bank of East Asia (BEA), Hong Kong’s oldest family-run bank, on Friday officially opened its 18-storey BEA Tower in the Qianhai special economic zone in Shenzhen, as part of its …
The soon-to-be-launched enhancements to the cross-border Wealth Management Connect scheme are set to boost sales and capital flows between Hong Kong, Macau and the nine mainland Chinese cities in the …