Hong Kong to Rename Virtual Banks As Licensed Digital Banks

Hong Kong to Rename Virtual Banks As Licensed Digital Banks

The Hong Kong Monetary Authority (HKMA) plans to rename "Virtual Banks" to "Licensed Digital Banks" to eliminate public misconceptions about the term "virtual" and enhance trust. This move aims to further promote the development of digital banking in Hong Kong and align with international trends. Currently, digital banks in Hong Kong have 2.2 million customers and deposits of HK$37 billion. The rebranding reflects the growing maturity and acceptance of digital banking services in the region, signaling a commitment to innovation and financial inclusion.

02/12/2026 International Settlement
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Hong Kong Luxury Home Prices Rise Amid Corporate Asset Sales

Hong Kong Luxury Home Prices Rise Amid Corporate Asset Sales

This article focuses on recent capital market dynamics, providing an in-depth analysis of key events such as the progress of Evergrande Property's acquisition, the sale of Xiehe New Energy's assets, Huangting Smart Home's rights issue financing, Qingdao Doublestar's acquisition plan, and the performance of Hong Kong's luxury housing market. By interpreting these events, it reveals market trends and corporate strategies, offering valuable insights for investors. The analysis aims to provide a comprehensive overview of current market activities and their potential implications.

02/12/2026 International Settlement
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Hong Kongshanghai Express Delivery Enhances Crossborder Trade

Hong Kongshanghai Express Delivery Enhances Crossborder Trade

The Hong Kong-Shanghai express delivery service offers strong support for cross-border trade between Shanghai and Hong Kong, thanks to its advantages in timeliness, transparent pricing, convenient customs clearance, safety, reliability, and value-added services. An efficient logistics network and a professional service team ensure fast and secure delivery of goods, helping businesses seize market opportunities. This service streamlines the process, making it easier for companies to move goods quickly and efficiently between these two major economic hubs.

02/02/2026 Logistics
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Hong Kongzhengzhou Shipping Streamlined for Faster Logistics

Hong Kongzhengzhou Shipping Streamlined for Faster Logistics

This article introduces the dedicated cross-border logistics line service from Hong Kong to Zhengzhou. It covers various shipping channel options, efficient customs clearance processes, transparent freight rates and delivery times, and answers to frequently asked questions. Choosing the right logistics solution can achieve fast, worry-free, and professional parcel delivery from Hong Kong to Zhengzhou.

02/02/2026 Logistics
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Hong Kong Boosts Crossborder Ecommerce to US With Key Shipping Strategies

Hong Kong Boosts Crossborder Ecommerce to US With Key Shipping Strategies

This article provides a detailed analysis of the key issues that cross-border e-commerce sellers should pay attention to when shipping express deliveries from Hong Kong to the United States. It covers policy regulations, customs documents, electronic customs clearance, packaging requirements, and logistics transportation options, offering guidance on how to ensure smooth shipping.

08/06/2025 Customs Knowledge
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Bank of China hong Kong SWIFT Codes Guide for Global Transfers

Bank of China hong Kong SWIFT Codes Guide for Global Transfers

This article explains the SWIFT code BKCHHKHHXXX for Bank of China Hong Kong (BOCHK) and its function in international remittances. It emphasizes the importance of branch code variations and provides guidance on proper usage to avoid errors. Understanding the correct SWIFT code ensures smooth and accurate cross-border transactions when sending or receiving money through BOCHK. The article offers practical tips for verifying the code and avoiding common mistakes that can lead to delays or failed transfers.

09/03/2025 International Settlement
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Flexport Opens New Offices in Amsterdam Hong Kong and New York

Flexport Opens New Offices in Amsterdam Hong Kong and New York

Flexport announced the opening of three new offices in Amsterdam, Hong Kong, and New York. This expansion aims to better serve clients, reduce shipping costs, and foster closer collaboration with asset owners. The move signifies an accelerated global expansion for Flexport and further solidifies its position as a leading technology-driven freight forwarder. This strategic expansion will allow Flexport to provide enhanced services and solutions to its growing global customer base, leveraging its technology platform to optimize supply chains and improve overall efficiency.

11/03/2025 Logistics
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Guide to Creating a Hong Kong Apple ID for Global Apps

Guide to Creating a Hong Kong Apple ID for Global Apps

This article provides a concise tutorial guiding readers on how to quickly register an Apple ID for the Hong Kong region. Through a few simple steps, users can easily bypass geographical restrictions and download overseas applications that are not available in the mainland China App Store, thereby expanding their app experience. It allows access to apps not normally available, providing a wider selection and potentially different functionalities.

01/06/2026 Customs Knowledge
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