Financial Services

GREEN$ to link with AlipayHK as EPD phases out physical card points

Starting 4 May, unregistered GREEN$ physical cards will stop earning points.

Mortgage uptick offers relief to Hong Kong banks

Some lenders offer aggressive fixed-rate products to attract clients.

SFC urges SEHK to tighten internal controls and auditor oversight

The new measures will reduce reliance on director confirmations for oversight.

AIA expands wealth services for HNW segment with Alta Prestige centre

The firm targets ultra-wealthy with a new advisory centre.

Hong Kong to align development strategy with China’s 15th Five-Year Plan

The government will draft the city’s first five-year plan.

The succession shift: Redesigning wealth structures for the next generation

Wealth that endures is not merely protected. It is understood.

Talent shortage and tighter budgets to shape bank hiring in 2026

Investment analysts and compliance specialists remain the most in-demand roles.

uSMART opens Admiralty office with sunlit collaboration hubs

The office features two main meeting rooms designed to maximise natural light.

Hong Kong eases stamp duty and eyes gold tax incentives

They will also help set up a trade association for the gold industry, said FS Chan.

MPFA to roll out 'MPF Full Portability' phase one this year

The move covers employees hired from 1 May 2025.

Electronic bond trading platform to launch in H2

Hong Kong will also encourage more digital bond issuances.

Hong Kong doubles RMB business facility to $227.27b in global RMB push

They seek to increase RMB bond issuance and increase cross-border RMB transactions.

WeLab Bank kills FX fees with HK’s first multi-currency debit card

The new Mastercard allows spending in 11 currencies at "at-cost" prices.

DBS raises US$272m for PIMCO’s 60/40 fund

Singapore and Hong Kong customers were able to invest at a minimum of S$1,000 or HK$20,000.