Financial Services

Hong Kong raises US$1b in oversubscribed first green bond

Half of investors that placed orders came from Asia and nearly a third from Europe.

Hong Kong raises US$1b in oversubscribed first green bond

Half of investors that placed orders came from Asia and nearly a third from Europe.

Eldercare costs in Hong Kong hit $38.8b annually: study

Businesses are also bearing the cost as the indirect cost of eldercare to employers hit $1.8b.

Manulife Hong Kong unveils senior executive promotions

George Lung and Johnny Chan will serve as senior executive regional director.

3 in 5 Hong Kongers prioritise data security over fast banking

Only 47% cited quick and easy banking as their top priority.

HKMA unveils measures to promote green finance development

HKMA is setting up a centre for green finance.

Hong Kong bank loans up 1.1% in March

Loans for use inside Hong Kong rose by 1.2%.

Hong Kongers still HK$3.75m short to afford retirement living: study

The median of current individual total assets is only $750,000.

Regulators calls on Chinese banks to review opaque lending rules

It singled out an unnamed Chinese lender that engaged in share pledging.

Hong Kong keeps hiring grip on bankers despite rising costs

Hiring mandates for private equity, property, and venture capital rose 40%.

How will IFRS 16 impact Hong Kong corporates?

The new international accounting standards on treatment of leases will have a serious impact on the financials and operations of many companies in...

Hong Kong shapes up in heating virtual banking race

The first batch of licensees were granted to applicants with experience in running a deposit-taking and lending business.

AXA Hong Kong launches Voluntary Health Insurance Scheme

The insurer will offer personal reimbursement for hospitalisation.

Hong Kong bank loans grow 3.03% in February

Trade finance loans fell for the sixth straight month to $477.7b.

Hong Kong consumers more willing to share data than UK and Germany: survey

Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.

Fitness app developer OliveX nabs US$1m funding

Fasting tracker Vora is part of the developer's offerings.