Hong Kong

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China in the eastern Pearl River Delta by the South China Sea.

(source: en.wikipedia.org)

Hong Kong Alt-Lender Oriente Raises $50M
Hong Kong Alt-Lender Oriente Raises $50M
April 28, 2020  |  B2B Payments

Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. Oriente, which provides customers with financial resources like...

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SoFi Buys Hong Kong ‘Automated Investing’ Platform
SoFi Buys Hong Kong ‘Automated Investing’ Platform
April 21, 2020  |  International

The FinTech company SoFi is making its first leap to go global with a big move into Hong Kong. The opening of a Hong Kong...

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Hong Kong Could See Quarter Of All Retail Stores Shutter By Year-End
Hong Kong Could See Quarter Of All Retail Stores Shutter By Year-End
April 16, 2020  |  Retail

The coronavirus has had a catastrophic effect on retailers worldwide, and Hong Kong – known as a shopping mecca with its many upscale shopping malls...

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DBS Hong Kong Digitizes Two-Day SMB Account Opening
DBS Hong Kong Digitizes Two-Day SMB Account Opening
April 14, 2020  |  B2B Payments

DBS Hong Kong, a subsidiary of DBS Bank headquartered in Singapore, is transitioning to a new contact-free way for small- to medium-sized businesses (SMBs) to...

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Hong Kong Approves $17.7B Coronavirus Relief Package 
Hong Kong Approves $17.7B Coronavirus Relief Package 
April 08, 2020  |  Coronavirus

Hong Kong has approved a $17.7 billion relief package to help households and businesses financially crippled by the coronavirus pandemic. Carrie Lam, Hong Kong’s chief...

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Retail Sales Crater In Hong Kong With Social Distancing, Travel Limitations
Retail Sales Crater In Hong Kong With Social Distancing, Travel Limitations
March 31, 2020  |  Retail

As retail sales fell with increasing social-distancing policies and travel limitations , companies and retail stores in Hong Kong snapped under the COVID-19 outbreak last...

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First Online-Only Bank Opens In Hong Kong
First Online-Only Bank Opens In Hong Kong
March 24, 2020  |  Digital Banking

The first online bank in Hong Kong, ZA Bank, opened on Tuesday (March 24), according to reports. The bank is a unit of China’s ZhongAn Online...

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Contour Emerges As Latest Blockchain Trade Finance Tool
Contour Emerges As Latest Blockchain Trade Finance Tool
March 09, 2020  |  B2B Payments

Eight banks — including HSBC and Standard Chartered — are ready to launch the Contour blockchain trade finance platform in Hong Kong, reports indicated on...

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Alibaba Investors In China Barred From Buying Its Stock In Hong Kong
Alibaba Investors In China Barred From Buying Its Stock In Hong Kong
February 12, 2020  |  Investments

Alibaba may be blocked from a new program in China that would allow investors in Hong Kong to buy its stocks. The program is intended...

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