Hong Kong and its tech-savvy residents may have fully embraced digital banking, but companies continue to offer unique and fancy red envelopes, or lai see packets, to clients as an inexpensive way ...
Most Hong Kong lenders have sizable exposures to the city’s real estate industry, but the deepening slump is unlikely to cause systemic issues for the banking sector, which is well capitalized.
Shanghai Commercial Bank (SCB) and Planto, a digital banking solution provider headquartered in Hong Kong, have joined forces in order to leverage fintech to enhance banking experiences for SMEs ...
It’s also a sobering reminder of how deals in Hong Kong, and by extension China, have become less lucrative. “The reality is quite tough for investment bankers from Wall Street banks as Asian ...
Most Hong Kong lenders have sizable exposures to the city’s real estate industry, but the deepening slump is unlikely to cause systemic issues for the banking sector, which is well capitalized. Still, ...
HONG KONG — As Hong Kong prepares to welcome the Year of the Snake on Wednesday, Chau Ka-ling displays a moving serpent with practiced ease, holding it like a pet in her decades-old restaurant ...
Interest rate reductions are likely to be slower. Resilience, costs, and digital transformation are the top priorities of ...
Hong Kong's well-earned reputation as a prominent hub for banking and finance is supported by its thriving economy, favorable regulatory environment, and strategic location, which have attracted some ...
Experts confident history will not repeat itself if another pandemic strikes but say more must be done to strengthen public confidence and healthcare services.