Financial Services
Hong Kong's largest accounting firms in 2017
There is a huge demand for trust-related services due to looming data risks.
Hong Kong's largest accounting firms in 2017
There is a huge demand for trust-related services due to looming data risks.
Hong Kong IPO proceeds fall 34% due to lack of mega listings
However, it snagged third spot globally in total funds raised with an expected $128.2b.
MoneyHero.com.hk raises US$50M in series B round led by IFC, Alibaba Entrepreneurs Fund, Goldman Sachs
The fund will be used to develop its proprietary technology and further expand its team.
HKMA raises base rate by 25 basis pts to 1.75% following Fed hike
This was the third increase this year.
Foreign currency reserves hit US$422.1 in November
The reserve assets represent more than seven times the currency in circulation.
Expect Mainland China to buoy the banking sector next year
As such, more companies are seeking professionals fluent in Mandarin.
Goldman Sachs slips to 30th place in arranging Hong Kong IPOs
It was in first place in 2014.
Hong Kong inks fintech deal with Dubai
It aims to facilitate financial innovation between the two markets.
FinTech Association launches guide on ICOs
It aims to help entrepreneurs who are looking at token sales to raise funds.
Banking system outlook up to stable from negative: Moody's
Thanks to global economic growth and favourable monetary conditions.
Banks apply tech, data analytics to combat money laundering
One of the major amendments is to leverage technology on non-face-to-face account opening.
Relax, robots are not out to take your banking jobs
Robotics mostly serves as a stop-gap measure to overcome flaws in tech infrastructure.
Fintech will go mainstream in Hong Kong by 2018: KPMG
The industry is entering a new era of Smart Banking.
HKMA launches fintech supervisory chatroom
It seeks to provide early-stage feedback on fintech proposals.
Hong Kong's tax payment system is one of Asia Pacific's most efficient
It only takes 3 days to file tax requirements.
Hong Kong slaps HSBC with $51m fine for Lehman-linked products sale
The $51m penalty was the most expensive sanction imposed on a financial firm.
Half of Hong Kong workers have insufficient savings
Hong Kong workers are most vulnerable to income loss resulting from illness or disability.