13 h. ago Hong Kong banks urged to use government database to combat deepfake applications

Experts say inability of banks to verify data during application process and reliance on photos has left them vulnerable to scammers.

Politics

13 h. ago Hong Kong banks urged to use government platform to combat deepfake applications

Experts say inability of banks to verify data during application process and reliance on photos has left them vulnerable to scammers.

Politics

8 d. ago Hong Kong police arrest 8 over deepfake scams bypassing bank security checks

Successful attempts to open bank accounts involved images created by merging scammers’ faces and those on stolen ID cards using artificial intelligence, force says.

Events

8 d. ago 8 arrested over running Hong Kong scam ring, opening bank accounts with deepfakes

Successful attempts to open bank accounts involved images created by merging scammers’ faces and those on stolen ID cards using artificial intelligence, force says.

Economics

1 week ago Hang Seng Bank promotes son of Hong Kong leader John Lee in China

The management changes in the bank’s mainland unit come at a critical time amid the US tariff campaign, a broker says.

Politics

1 week ago ‘Your capital is safe’ in Hong Kong, financial secretary reassures family offices

The China-US tariff war underscores Hong Kong’s soundness as a stable destination for wealthy families’ investments, Paul Chan says.

Society

1 week ago Hong Kong to introduce 3 digital security measures to combat financial fraud

The HKMA’s ‘E-Banking Security ABC’ measures will enhance online banking security, deputy chief executive Arthur Yuen says.

Events

2 w. ago US plan to delist Chinese stocks may make Hong Kong great again as IPO hub, bankers say

A total of 286 Chinese firms are listed in the US with a total market capitalisation of US$1.1 trillion.

Economics

2 w. ago Hong Kong’s Cathay to keep power bank ban for aircrew, but vows layover option

Carrier says it is working with hotels to offer power banks, as there is no ‘feasible way’ to let aircrew bring them on board amid safety concerns.

Politics

2 w. ago Hong Kong banks to get new powers to trace, flag suspicious accounts linked to scams

Police and banks will exchange information on scam-linked accounts as authorities step up efforts to combat financial fraud.

Economics

2 w. ago Hong Kong dollar strengthens as mainland stock buyers drive demand amid volatile markets

The local dollar changed hands at 7.7595 for every US$1 on Thursday morning, retracing from a high of 7.7560 per US dollar on Wednesday.

Economics

2 w. ago 18 Hong Kong banks offer flexible loans to SMEs to cope with US

Extension of loan repayment periods and partial principal repayment arrangements offered by banks to ease SMEs’ pain.

Politics

2 w. ago Standard Chartered hosts SME seminar to explore new opportunities in supply chain diversification and digitalisation

[The content of this article has been produced by our advertising partner.] Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered Hong Kong”) today hosted a seminar for small and medium-sized enterprises (“SMEs”) on “Embracing Global Dynamics through Supply Chain Diversification and Digitalisation”. The event brought together over 200 SMEs from Hong Kong and Mainland China to explore opportunities arising from the transformation of cross-border business and digitalisation. The opening ceremony of the seminar was officiated by Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered; Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority (HKMA); Stephen Man, Head of Wealth Management and Retail Banking, Standard Chartered Hong Kong; and Winne Tung, Head of SME Banking, Standard Chartered Hong Kong. Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered, said, "Amidst uncertainties in the global trade market, Standard Cha...

Politics

3 w. ago Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

With low rates in China, borrowing in yuan is now cheaper than in other currencies, CICC says.

Politics

last month Hong Kong to get world’s first tokenised money market ETFs from Bosera and HashKey

Bosera HKD Money Market ETF and USD Money Market ETF, which have been approved by the SFC, are set to be launched in April.

Economics