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HKAB

Hong Kong lenders ready for e-trading, cheque settlement under new policy of stock trading during typhoons, HKAB says

by Anas Siddiqui
Hong Kong lenders ready for e-trading, cheque settlement under new policy of stock trading during typhoons, HKAB says

“Thanks to sustained investments in technology and robust infrastructure, Hong Kong’s banking community is well prepared for remote work and well placed to meet customers’ trading needs,” the statement said. …

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Typhoon trading: ‘scores’ of brokers not ready for markets to stay open during storms

by Anas Siddiqui
Typhoon trading: ‘scores’ of brokers not ready for markets to stay open during storms

The bourse operator, Hong Kong Exchanges and Clearing (HKEX), will allow trading of stocks and derivatives to continue during typhoons and torrential rain starting from September 23, Chief Executive John …

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Major Hong Kong banks to roll out additional anti-malware measures, block unauthorised access to banking apps, HKAB says

by Anas Siddiqui
Major Hong Kong banks to roll out additional anti-malware measures, block unauthorised access to banking apps, HKAB says

The body, which represents all 160 banks in the city, also pledged to ensure personal data privacy as it steps up the mitigation of fraud risks. “Major retail banks will …

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The cheque’s end is nigh: Hong Kong’s banks set road map to phase out paper payment in their embrace of e-payments

by Anas Siddiqui
The cheque’s end is nigh: Hong Kong’s banks set road map to phase out paper payment in their embrace of e-payments

Three years of Covid has pushed the public towards digital payments, leading to a decline in the use of cheques, said Lim, who is also the Hong Kong CEO of …

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