OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers
OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme...
Read MoreHana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push
Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more
Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails
Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more
Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion
Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more
Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises
Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more
Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability
Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more
OSL And Anchorpoint Complete HKDAP Stablecoin Test Transfer
OSL Group and Anchorpoint Financial have completed test transfers of the HKDAP stablecoin on the Ethereum mainnet. The ... Read more
Where Will GoTyme Launch Their 3rd Digital Bank?
After successfully building digital banks across two continents, Tyme Group is now eyeing their 3rd GoTyme Bank. Rachel... Read more
Hong Kong Banking And Insurance Sectors Tackle Misconduct Via Cross-Sector Checks
The Hong Kong Monetary Authority (HKMA) and the Insurance Authority (IA) have announced a cross-sector reference checki... Read more
Weixin Pay Expands Australian Footprint With Queensland Tourism Rollout
Weixin Pay is expanding its merchant footprint in Australia, rolling out its digital wallet across 12 major tourist att... Read more
SUNMI Technology Is Officially Listed On The Main Board Of HKEX
SUNMI Technology Group Co., Ltd, a Business IoT (BIoT) leader, was officially listed on the Main Board of the Hong Kong... Read more
Can AI-Native Infrastructure Finally Eliminate The Friction Within Cross-Border Payments?
What is stopping businesses from fully tapping a US$336 billion cross-border payments opportunity? Ask the merchants tr... Read more
HKMA Cargox Pilot Brings 21 Banks To Boost SME Trade Finance Via Data Sharing
The Hong Kong Monetary Authority (HKMA) has launched the HKMA Cargox pilot programme, partnering with 21 banks to digit... Read more
Krakens Parent Acquires Reap In US$600M Deal To Expand Stablecoin Payments In Asia
Payward, the parent company of cryptocurrency exchange Kraken, is acquiring Hong Kong-based payments infrastructure fir... Read more
XTransfer Files For Hong Kong IPO, Seeking US$186 Million
Chinese B2B cross-border payments company XTransfer has filed for an IPO in Hong Kong to raise US$186 million. The comp... Read more