Hong Kong
Hang Seng Bank names new risk committee chairman
Hang Seng Bank names new risk committee chairman
																					
							Kenneth S Y Ng is stepping down from the role.
						
					
					
				Standard Chartered, FreightAmigo team up to streamline financing for HK’s SMEs
																					
							The partnership will utilise "federated learning" developed by the Hong Kong ASTRI.
						
					
					
				Hong Kong banks should play ‘long con’ to reap 2025 growth benefits
																					
							2024 is expected to be challenging for Hong Kong banks, KPMG reports.
						
					
					
				AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year
																					
							The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.
						
					
					
				Endowus unveils new diversified investment portfolios for Hong Kong investors
																					
							The CashUp Portfolios are single investment products that provide exposure to multiple funds.
						
					
					
				Hang Seng enables credit card customers to use loyalty points in AlipayHK
																					
							They can use their loyalty points to pay at over 150,000 outlets that accept AlipayHK payments.
						
					
					
				Hong Kong’s Bank of East Asia inaugurates tower in Qianhai
																					
							It will serve as the bank’s strategic hub in the Greater Bay Area.
						
					
					
				HSBC to distribute Schroders multi-asset income fund
																					
							The launch of the fund comes as a response to the current high inflation and interest rate environment.
						
					
					
				Hang Seng Bank launches investment and life insurance plan
																					
							70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. 
						
					
					
				HSBC HK unveils debit, supplementary card waiving foreign currency fees
																					
							The cards also offer a 0.5% instant cash rebate on all spendings.
						
					
					
				AlipayHK warns of phishing messages
																					
							There are individuals sending out messages claiming to be from AlipayHK.
						
					
					
				HSBC launches Premier Elite for high-value customers
																					
							The bank collaborated with actor and director Stephen Fung for its launch campaign.
						
					
					
				Hang Seng Bank warns against fake mobile investment app
																					
							The app falsely uses the Hang Seng Bank logo.
						
					
					
				ZA Bank rolls out tax loan, offers cash rewards
																					
							Even unsuccessful loan applicants can receive a reward.
						
					
					
				HKMA reprimands TNG Asia for inadequate compliance systems
																					
							The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.
						
					
					
				ZA Bank’s Global Transfer service helps save HK$4m in transfer fees
																					
							Over 90% of the international money transfers are completed within a day’s time.
						
					
					
				The Bank of East Asia builds data lakehouse for predicting trends, better CX
																					
							BEA will deploy a range of data analytics solutions from Google Cloud.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                